By Angela Gonzales | Phoenix Business Journal
After selling a newly built luxury apartment community for $110.25 million last month, Embrey has broken ground on a $100 million, 340-unit apartment community in Phoenix.
Embrey paid $7.6 million for the vacant parcel near 12th street and Greenway Parkway to Donald L. Valk, who had previously paid $5.2 million for the land in August 2021, according to Tempe-based real estate database Vizzda LLC.


