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Prolific Local Buyer Adds Tempe Apartment Complex to Expanding Phoenix-Area Holdings

Rise48 Equity Buys 112-Unit Eden Apartments From Canada-Based Sheiner Group
The 112-unit complex in Tempe, Arizona, bought by Rise48 Equities was built in 1980. (CoStar)
The 112-unit complex in Tempe, Arizona, bought by Rise48 Equities was built in 1980. (CoStar)
CoStar News
February 22, 2023 | 4:21 P.M.

Rise48 Equity extended its apartment-buying spree in greater Phoenix, paying $26.5 million for a 112-unit multifamily complex in Tempe.

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