SBV Communities Buys LeMans at Lawndale

From CoStar Group:

Kansas City-based SBV Communities, the multi-family real estate division of Spectrum Business Ventures, Inc., recently closed on its fifth acqusition of a Greensboro apartment property, buying the 109-unit LeMans at Lawndale at 205 West Cone Blvd. in a transaction that closed on June 26th. ..

Last month, the investment firm purchased Lexington Commons, a 106-unit apartment complex located just north of downtown Greensboro. And at the end of May the firm bought three smaller apartment communities on Hewitt St in Greensborototaling 503 units for $10.5 million, including Misty Creek Apts., Wendover Apts., and Aspen Woods Apts.