Apartment investor Cortland has paid $117 million for a new amenity-rich, luxury property in what has become Phoenix’s largest multifamily sale of the year, a sign of increasing demand for the region where local rental growth has led the nation for the past two years.
Cortland Snags Luxe Property in Phoenix’s Priciest Apartment Deal of the Year
Biltmore Apartments Sell for More Than Twice the Region's Average Price
CoStar News
October 13, 2020 | 2:17 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Cortland Biltmore
2727 Camelback Rd, Phoenix, AZ