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

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


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