April 26, 2024 9:38 am
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CBRE completes 3 multifamily sales totaling $199.4M

Alta Tempe, a 296-unit core Class A multifamily community located at 1260 E. University Dr. in Tempe was sold to DiNapoli Capital Partners by Wood Partners. /Photo courtesy of CBRE
Alta Tempe, a 296-unit core Class A multifamily community located at 1260 E. University Dr. in Tempe was sold to DiNapoli Capital Partners by Wood Partners. /Photo courtesy of CBRE

By AZRE

CBRE completed three multifamily property deals across the metro Phoenix area in the past five days, totalling in $199.4 million worth of transactions.

Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of CBRE worked on all three of the multifamily property sales. The three deals were completed in the last five business days, according to CBRE.

Alta Tempe, a 296-unit core Class A multifamily community located at 1260 E. University Dr. in Tempe was sold to DiNapoli Capital Partners by Wood Partners.

Alta Tempe was built in 2005, and is a Class A luxurious multifamily property featuring many amenities such as a designer clubhouse, resort-style swimming pool and spa, bike maintenance room and more.

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