California company buys two high-end Baton Rouge apartment complexes

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California real estate firm Passco Companies has acquired two luxury apartment complexes in the Baton Rouge area.  According to a company announcement, Passco has purchased 276-unit Tapestry Long Farm from the property’s Alabama-based developer Arlington Properties and the 276-unit Sweetwater Apartment Homes from Hammon developer Stoa Group, for an undisclosed price.  Passco’s recent acquisitions of

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