ARA NEGOTIATES $21.75 MILLION SALE OF DENVER-AREA APARTMENTS

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WESTMINSTER, COLO. — ARA has brokered the $21.75 million sale of the 256-unit Broadstone at the Ranch, an apartment community located in Westminster. Jeff Hawks, Doug Andrews, Terrance Hunt and Shane Ozment of Atlanta-based ARA represented Alliance Residential in its sale of the 1980s vintage property to the joint venture of Greystar Real Estate Partners and The Praedium Group.

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