San Diego-based MG Properties has purchased the 512-unit Biscayne Bay Apartments in the Chandler submarket of Phoenix from Everest Holdings for $110.25 million, or about $215,000 per unit.
MG Properties Group Expands Phoenix Area Footprint with $110.3 Million Acquisition
Everest Holdings Sells Biscayne Bay Apartments
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IN THIS ARTICLE
- Properties
- Biscayne Bay
300 Warner Rd, Chandler, AZ
- Contacts
- Tyler Anderson
Vice Chairman
- Asher Gunter
Executive Vice President, CBRE
- Sean Cunningham
Vice Chairman, CBRE
- Matthew Pesch
Senior Vice President - Multifamily, CBRE