Judd, senior vice president with the Florida office of ApartmentRealty Advisors, and deBaptiste, a principal with the company,represented Cronacher Corps. and were the only brokers involved inboth transactions. Judd says a few factors made this a good timefor Cronacher Corps. to sell the properties: "market conditions,the flood of population into Southwest Florida, the lack ofpipeline of units coming online." He adds, "It's a good time tosell anywhere in Florida."

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