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Gindi Equities has acquired Osgood Townsite Apartments, a 243-unit community in Fargo, N.D., making its debut in the local market. Property Resources Group sold the asset, but will remain in charge of management. The buyer plans to revamp the property.

Gindi Equities Co-Founder & President Al Gindi commented in prepared remarks that Governor Burgum’s policies have made North Dakota an attractive investment market.