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Institutional Property Advisors (IPA) announced the sale and financing of Ponderosa Park, a 120-unit apartment property in Flagstaff, Arizona. The asset sold for $28.05 million, or $233,750 per unit. Steve Gebing, Cliff David, and Hamid Panahi represented the seller, Keller Investment Properties, and procured the buyer, Bridge Partners. IPA Capital Markets specialists Brian Eisendrath, Cameron Chalfant, Jesse Zarouk, Jake Vitta, and Tyler Johnson secured acquisition financing.