Pathfinder Partners makes bulk condo purchase in Paradise Valley

Aderra CondominiumsBy Alex Girda | Multihousing News

The new owner will upgrade the condominiums and launch new model units in the near future.

The Paradise Valley neighborhood in Phoenix was recently witness to Pathfinder Partners’ latest multifamily acquisition. The San Diego-based investor purchased 90 units at the Aderra Condominiums for $15 million. The transaction was handled by Jones Lang LaSalle representatives John Cunningham and Charles Steele. Seller Real Capital Solutions had previously acquired 155 units from Deco Communities.

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