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Rise48 Equity Adds Two More Complexes to Phoenix Multifamily Holdings

Prolific Local Buyer Pays More Than $60 Million for Properties in Phoenix, Glendale
Rise48 Equity bought two more apartment properties, including this 124-unit complex in Phoenix. (Tim Nelson/CoStar)
Rise48 Equity bought two more apartment properties, including this 124-unit complex in Phoenix. (Tim Nelson/CoStar)
CoStar News
October 6, 2022 | 5:52 P.M.

Rise48 Equity has extended its apartment buying spree in greater Phoenix, snapping up two complexes totaling 244 units to increase its total multifamily investments in 2022 to at least $825 million.

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