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Moderne Living Sells Phoenix Apartment Complex for $14.8 Million

Private Capital Family Office Picks Up 104-Unit 32 Arcadia
By Thomas Ferguson
CoStar Research
September 15, 2020 | 9:40 P.M.

Multifamily renovation and development company Moderne Living has sold 32 Arcadia, a 104-unit apartment complex in Phoenix, for $14.8 million, or about $142,000 per unit.

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News | Moderne Living Sells Phoenix Apartment Complex for $14.8 Million