Broadstone Camelback Apartments Sold for $74.75M
An entity formed by Alliance Residential and AEW Capital has sold the Broadstone Camelback apartments for an astounding $74,750,000 or $276,852 per unit. VIZZDA is still researching the buyer and confirming it is an arms-length transaction–but so far documents point to Chicago’s Heitman as the purchaser. No debt was recorded with the sale.
2625 E Camelback Rd, Phoenix AZ 85016