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June 23, 2005

S-J Management

Seattle-based S-J Management is forming a new investment program, Monte Viejo Associates LLC, to buy the 480-unit Monte Viejo Apartments in Phoenix. The $50.5 million purchase will require approximately $11.5 million in equity capital. S-J CEO Michael Sauter says this is the fifth time in two years S-J has led the acquisition of a multifamily property in Phoenix.




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