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AMLI Residential Properties Sells

CB Richard Ellis Represents Multihousing Asset Sale
By Lynn Weinstein
September 16, 2003 | 7:09 P.M.

AMLI Residential Properties Trust sold AMLI at Willeo Creek Apartments in Roswell to Carter-Haston Holdings. Terms of the sale price were not disclosed. Malcolm McComb, Kevin Geiger, Paul Berry and Blake Okland from CB Richard Ellis represented AMLI. Renamed Willeo Creek at Roswell, the community is a 242-unit development off Roswell Road (State Road 120) in north Fulton County by the Cobb County border. Built in 1988, the units average 1,229 square feet. The property was 96 percent occupied at the time of the sale. The seller, AMLI Residential Properties Trust, is a publicly traded REIT based out of Chicago. The company had owned the property since 1995.

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