Starboard Realty Advisors acquired Silver Oaks, a garden-style apartment community.

The 336-unit community consists of various bedroom units, and the amenities include a grill area and clubhouse.

“The previous moratorium on new development in Ascension Parish has constrained the supply of new apartments in the area which will facilitate stronger property performance and rent growth,” added Stephen Carlton, chief operating officer of Starboard Realty Advisors.

Albert Elmore of Colliers International represented the seller.