ARA HANDLES $5.9 MILLION, SIX-PROPERTY APT. PORTFOLIO SALE

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DENVER — Apartment Realty Advisors (ARA) has brokered the sale of a six-property multifamily portfolio totaling 121 units in Denver. A New York-based private buyer, represented by ARA’s Terrance Hunt and Shane Ozment, purchased the $5.86 million portfolio, which is located in the Capitol Hill and Uptown neighborhoods of the Mile High City. All properties involved were HUD subsidized, project based, Section 8 housing communities.

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