Phoenix Pre-Foreclosure Apartment Community Sells for $8.95 Million

ABI Multifamily has announced the sale of Glendale Commons Apartments at 6565 West Bethany Home Road in Glendale, AZ, a 276-unit multifamily property, that sold for $8.95 million ($32,428 per unit and $50.68 PSF) in a pre-foreclosure short-sale. The seller purchased the property in 2006 for $13.3 million and placed a new Fannie Mae loan […]

Phoenix Pre-Foreclosure Apartment Community Sells for $8.95 Million Read More ยป