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ROCKFORD, ILL. — Becovic Holdings Corp. has acquired The Arbors, a 254-unit community in Rockford, about 90 miles west of Chicago. The Arbors was built between 1966 and 1981. Amenities include a fitness room, business center, small community room and package room. The garden-style asset was 98 percent leased at the time of sale. Ralph DePasquale of Berkadia represented the seller in the deal. Both the buyer and seller are based in Illinois.