The Brown Group buys in South Phoenix

By AZRE | AZ Big Media

Berkadia today announced the sale of 15.78 net acres of land in Phoenix, Arizona. Senior Managing Director Mark Forrester and Director Andrew Curtis of Berkadia Phoenix completed the $5.5 million sale on behalf of the buyer, Scottsdale-based The Brown Group. The deal closed on September 1.

“Later this year, The Brown Group will break ground on a 166-unit Build-to-Rent Community, their second BTR development in the area,” said Curtis. “This development will be bringing much needed housing to the South Mountain Community.”

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September 10, 2021

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