Grubb & Ellis Apartment REIT Enters Agreement to Acquire Bella Ruscello Luxury Apartment Homes Near Dallas

DALLAS, TX – January 27, 2010 – (RealEstateRama) — Grubb & Ellis Apartment REIT, Inc. today announced that it has entered into an agreement to acquire Bella Ruscello Luxury Apartment Homes, a 216-unit multifamily community located in the Dallas suburb of Duncanville.