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by CareyBot

Summit Properties sold an apartment community in Raleigh, N.C. The value of the transaction was $22.5 million. The community, built in 1990, was formerly known as Summit Square. The size of the property was not disclosed. Summit Properties Inc. is a real estate investment trust that focuses on the operation, development, and acquisition of luxury apartment communities. *** What's your opinion? Send your Letter to the Editor to