Login

Phoenix Apartment Deal Among Region’s Largest of Past Year As Demand Recovers

Tennessee Firm Buys Property in Upscale Neighborhood for $152 Million
Investment firm Covenant Capital Group acquired the 472-unit Pearl Biltmore apartment property in Phoenix. (CoStar)
Investment firm Covenant Capital Group acquired the 472-unit Pearl Biltmore apartment property in Phoenix. (CoStar)
CoStar News
August 28, 2024 | 7:18 P.M.

A $152 million Phoenix multifamily property sale is among the region’s largest of the past year amid a recent boom in newly constructed apartments and rebounding rental demand.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE