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Decron Pays $91 Million To Buy Ninth Greater Phoenix Apartment Complex

Luxury Wyatt Apartments in Gilbert Sell for Higher-Than-Average Per-Unit Price

The Wyatt is nearly two-thirds occupied just a few months after opening in Gilbert, Arizona. (CoStar)
The Wyatt is nearly two-thirds occupied just a few months after opening in Gilbert, Arizona. (CoStar)

Los Angeles investment firm Decron Properties bought a luxury Phoenix-area apartment complex for $91 million, its ninth multifamily purchase in the fast-growing market in the past year.

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