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Greystar Buys 412-Unit Apartments in Scottsdale for $96 Million

Buyer Lauds Strong Job and Popular Growth of Phoenix Suburb
IMT Capital sold the newly rebranded Avana Desert View to Greystar Real Estate. (CoStar)
IMT Capital sold the newly rebranded Avana Desert View to Greystar Real Estate. (CoStar)
CoStar News
December 30, 2019 | 8:18 P.M.

Greystar Real Estate Partners bought the Desert View Apartments in north Scottsdale, Arizona, near Phoenix on behalf of its real estate funds from Sherman Oaks, California-based investor IMT Capital for $96 million, or $233,000 per unit.

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