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JV Completes $200M Recapitalization of Optima Sonoran Village in Scottsdale

Optima, Principal Real Estate Investors Confirm Plans to Develop Phase III
By Taylor Damm
CoStar News
February 22, 2018 | 3:25 P.M.

High-end apartment developer Optima partnered with Des Moines, IA-based Principal Real Estate Investors to complete a $200 million recapitalization on the 627-unit apartment complex at Optima Sonoran Village in Scottsdale, AZ.

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