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ATLANTA — Washington, D.C.-based StoneBridge Investments has acquired Spalding Crossing, a 252-unit luxury apartment community located between Atlanta's Sandy Springs and Dunwoody neighborhoods. The community is also located within Atlanta's Central Perimeter office submarket. An offshore investment group and a Netherlands-based affiliate of StoneBridge provided equity for the purchase. Additionally, SunTrust Bank N.A. provided a $24.3 million acquisition loan. StoneBridge will soon begin a $2.7 million upgrade to the community. StoneBridge has retained ZRS Management LLC to provide property management services.