AMLI Residential Properties Trust sold AMLI at Western Ridge, a 318-unit community built in 2000, for approximately $24.6 million, $77,358 per unit. AMLI purchased the property for $20 million two years ago. AMLI at Western Ridge was previously encumbered as part of a secured financing pool. In connection with the sale, AMLI obtained release of the mortgage by substituting another wholly owned community, AMLI at the Medical Center.