A Texas company acquired an apartment property near Phoenix for more than $110 million in one of the region’s largest multifamily deals of the past year, underscoring strong suburban demand among investors even as overall sales transactions have declined.
Texas Company Expands Apartment Footprint in Phoenix Suburb
Deal for Gilbert Property Among Region’s Largest of Past Year Amid Slowing Investor Demand
By Lou Hirsh
CoStar NewsSeptember 20, 2023 | 9:15 P.M.
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IN THIS ARTICLE
- Properties
- Aiya
2350 Wade Rd, Gilbert, AZ
- Companies
- Olympus Property
Real Estate
- The Wolff Company
Construction
- Contacts
- Chase Bennett
Chief Acquisitions Officer, Olympus Property