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Central Phoenix Apartment Complex Trades in $12.5M Investment Deal

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PHOENIX, AZ – A 355-unit, Central Phoenix apartment community at 2912 E. Indian School Rd., Phoenix, sold for $12.5 million ($35,211 per door). Lee & Associates Principal Todd Braun and associate Will Barnard represented the buyer, SPL Real Estate & Management Co. of Denver, CO. Karl Abert of Newmark Grubb Knight Frank represented the seller, …

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Third Multifamily Purchase for BH Properties this Year in Phoenix

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BH Properties LLC, a Los Angeles-based commercial real estate investment firm that has a penchant for working through difficult transactions, time-sensitive closing factors and an expertise in repositioning real estate, has added Vista Ventana, a 275-unit multifamily property at 3221 W. El Camino Drive in Phoenix for $10.3 million ($37,364 per unit) to its Phoenix …

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