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DALLAS AND HOUSTON — CIM Group has purchased a four-property apartment portfolio totaling 820 units from Gables Residential Corp. for an undisclosed amount. Three of the properties — a 334-unit property, a 103-unit property and a 75-unit property — are located in Dallas. Also included in the sale is the 308-unit Memorial Hills complex in Houston. Gables Residential will continue its property management duties.