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Multifamily Sale Closes in Dallas

Archon Group Trades 364-Unit Community With Colorado Firm
By Walt Brown
October 30, 2006 | 2:14 P.M.

Colorado & Santa Fe Real Estate, a Colorado-based full-service real estate firm, purchased The Madison, a 364-unit multifamily community in Dallas. The HFF (Holliday Fenoglio Fowler LP) Dallas team, led by director Roberto Casas and managing director Bill Miller, marketed the property exclusively for seller Archon Group. Although the sale price was undisclosed, the 2006 assessed value is $10.78 million, or approximately $29,600 per unit.

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