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California Investor Just the Latest Multifamily Buyer in Phoenix’s Glendale

Canadian Investment Firm Sells 200-Unit Property Built in 1985
The Arches, a 200-unit apartment property, sold for $167,500 per unit. (CoStar)
The Arches, a 200-unit apartment property, sold for $167,500 per unit. (CoStar)
CoStar News
December 20, 2022 | 7:11 P.M.

A Canadian firm that has been an active apartment buyer and seller across Arizona just sold a property in Glendale, a suburb that has emerged as a favorite target for multifamily investors entering greater Phoenix.

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