Phoenix apartment sales surge to $1.63B, on pace for all-time record

apartmentsPhoenix Business Journal

There have been more than $1.6 billion worth of apartment sales in the Phoenix market so far this year, according to new research by ABI Multifamily LLC.

Many of those sales happened in April and May and the sales totals are on pace for an all-time annual record.

There were 68 apartment complexes and developments sold from the start of the year through May 24, according to ABI researchers Thomas Brophy and Ethan Millstein.


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