1,447-unitportfolio

Just sold were the 228-unit Windsor Place Apartments at 3501Curry Lane, 200-unit Hunter's Ridge Apartments at 5450 Texas Ave.and 124-unit Cedar Creek Apartments at 1948 Denton St. The WalnutCreek, CA-based seller pulled a fourth property, the 256-unitIndian Run Apartments at 3500 Cedar Run Rd., also in Abilene, fromthe sales block.

Jordan Cortez, director of secondary markets for ApartmentRealty Advisors in Dallas, says the Abilene assets had been undercontract, but fell out of escrow shortly before two complexes with639 units inLubbock, TX were sold from the portfolio to HaleyAssociates LP of Omaha. "Once we closed on the two Lubbock deals,we brought back the Abilene properties to a handful of buyers,"Cortez says. "Bostonian stepped to the table with their reputationto close, which helped them secure the deal. We've sold 14 or 15deals to these guys and I know them personally."