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Los Angeles Firm Acquires Phoenix Apartment Complex

KA Capital Pays $26.3 Million for Bell Tower
The 224-unit Bell Tower apartment complex in Phoenix. Photo: CoStar
The 224-unit Bell Tower apartment complex in Phoenix. Photo: CoStar
By Alex Chriscoe
February 27, 2019 | 5:08 P.M.

KA Capital, a full service investment firm headquartered in Los Angeles, purchased a 224-unit apartment complex in Phoenix from Pat Simone Charitable Foundation. Bell Tower sold for $26.3 million, or about $117,000 per unit.

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News | Los Angeles Firm Acquires Phoenix Apartment Complex