Phoenix apartments sales hit record $4.5 billion

By Mike Sunnucks | Phoenix Business Journal

Sales of Phoenix metro area apartment complexes have hit a record $4.5 billion this year, according to new data from ABI Multifamily.

And there is still a month to go in 2016.

This year’s record sales volume is up from just under $3.9 billion last year. Regional apartment sales totaled $2.5 billion in 2013.

Continued:

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