Dallas firm buys Baton Rouge apartment complex near LSU for $108.6M

In what amounts to one of the largest sales of Baton Rouge commercial property in recent history, a Dallas-based firm has purchased The Standard apartment complex at 740 W. Chimes St. for nearly $108.6 million. University House Communities, which specializes in developing, acquiring and managing student housing communities across the country, purchased the 287-unit complex—which