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California Investor Buys Phoenix Apartment Complex for $49.5 Million

Private Trust Sells 96% Occupied Deer Creek Village
By Rachel Whaley
CoStar Research
January 20, 2020 | 2:30 P.M.

Beverly Hills, California-based Triumph Properties Group has purchased the 96% occupied Deer Creek Village in Phoenix from a private California trust for $49.5 million, or about $161,000 per unit.

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IN THIS ARTICLE


  • Properties
  • Contacts
    • Steven Gebing

      Executive Managing Director Investments, Institutional Property Advisors

    • Cliff David

      Executive Managing Director Investments, Institutional Property Advisors