South Latitude Capital LLLP of Vancouver, British Columbia, Canada has purchased Melrose Place, a 13-unit multifamily property located at 3110 N. 40th St. in Phoenix. The seller was La Jolla, Calif.-based JMRS Melrose LLC. Brian Smuckler and Jeff Seaman of CBRE’s Multi-Housing Private Capital Group in Phoenix office represented the seller in negotiating the $750,000 sales transaction.