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Western Wealth Capital of Canada Buys Two Phoenix Multifamily Properties for $34.96M

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PHOENIX, AZ – Western Wealth Capital, a Vancouver, Canada-based multi-unit rental property investment firm, recently purchased the 197-unit Arbors on 5th in Tempe for $21.3 million ($108,000 per unit) and the 148-unit Arcadia Walk in Phoenix for $13.66 million ($92,000 per unit). After closing on these back-to-back multifamily deals in two days, Western Wealth Capital now owns […]

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Brokers with Colliers International in Greater Phoenix Honored for Ranking in the Top 10 Percent of Performers in the Americas for 2015

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Commercial real estate brokers recognized at company’s annual Americas Conference hosted in Washington, D.C. Phoenix, AZ – At its annual awards banquet, leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI, TSX:CIG) recognized eight brokers in the Greater Phoenix region as being among the company’s top performers for 2015 across the United

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Two Apartment Communities Sell for $13.41 Million in Tucson

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California Investors, Equity Advantage, Inc., in a 1031 exchange bought the value-add La Mirada Apartments at 4415 E Grant Road in Tucson for $9.41 million ($46,816 per unit) in Northeast Tucson. The 192,440-square-feet, two-story apartment community built in 1973, comprising 201 rental units and was 75% occupied at time of sale. The unit mix is

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