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JV Buys 576-Unit Multifamily Property in Phoenix

Andante Apartments Trade for $85.3M
By Andrew Desai
June 6, 2017 | 10:42 P.M.

Waterton Associates LLC has sold the 576-unit Andante Apartments at 15801 S. 48th St. in Phoenix, AZ for $85.25 million, or about $148,000 per unit, to Security Properties, Inc. and Pacific Life Insurance Company.

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