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CBRE negotiated the sale of Marquis at Desert Ridge, a 370-unit Class A multifamily community located in the Desert Ridge neighborhood in north Phoenix. CBRE’s Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen represented the seller, a national multifamily investor and operator. IMT Capital, a Los Angeles-based privately held real estate investment firm, together with IMT Residential, its affiliated property management company, acquired the community, which will be rebranded as IMT Desert Ridge.