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PHOENIX-A Los Angeles-based realty firm, Summit EquityInvestments Inc. has acquired the 672-unit Autumn Ridge apartmentsin Phoenix at 1944 Thunderbird Road from Irvine-based ANF AutumnRidge LLC for $27 million.

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The complex on a 31-acre site comprises 75 buildings and was 91%engaged during the time of acquisition. In the transaction, GreaterPhoenix office of Colliers International represented both the buyerand the seller. Preferred Capital Advisors also represented thebuyer in the deal. For the full story, go to Phoenix Business Journal.


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