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Texas Investment Firm Pays $91 Million for North Phoenix Apartments

Weidner Apartment Homes Sells 336-Unit Trailside at Hermosa Pointe
The 336-unit Trailside at Hermosa Pointe opened in 1984. (CoStar)
The 336-unit Trailside at Hermosa Pointe opened in 1984. (CoStar)
CoStar News
November 15, 2022 | 8:15 P.M.

A Dallas investment firm paid $91 million to buy a 336-unit apartment complex in North Phoenix, an increasingly popular target for multifamily investors.

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