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RREAF Holdings LLC, a real estate investment and development management firm, has successfully executed the sale of Beacon Hill Apartments, a 168-unit, value-add property located in Little Rock, Arkansas.

The disposition delivered strong results to equity investors with an over 2.5x equity multiple and an overall internal rate of return in excess of 25%. Located at 1801 Reservoir Road, the property was purchased by Colorado-based Monarch Investment & Management Group for $11 million.