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PHOENIX—ABI Multifamily announces the sale of Southern Ridge, an apartment community platted as individual condos, located in Mesa. The sellers in the transaction included 57 separate ownership groups. Ranging from local investors and investment groups to retirees who had invested in the deeds of trusts through retirement plans, to family trusts, some of these sellers had been involved in multiple investments with Right Place Properties in first and second deeds of trusts.

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