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California Investor Sells Arizona, New Mexico Apartments for $202 Million

Utah-Based Investment Group Buys Complexes in Phoenix, Albuquerque
The Villages at Metro Center is among a trio of complexes acquired by a Sandy, Utah-based investor. (CoStar)
The Villages at Metro Center is among a trio of complexes acquired by a Sandy, Utah-based investor. (CoStar)

Bridge Investment Group paid a combined $201.8 million for a trio of apartment complexes in Arizona and New Mexico, including a 216-unit property in fast-rising Albuquerque, according to Marcus & Millichap, which brokered the transaction.

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News | California Investor Sells Arizona, New Mexico Apartments for $202 Million