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Rise48 Equity Adds to Growing Phoenix Apartment Portfolio

Fast-Growing Investment Firm Still Busy After Buying Nearly $600 Million Worth of Apartments in 2021
Rise48's purchase includes the Standard Country Club apartments in Mesa, Arizona. (CoStar)
Rise48's purchase includes the Standard Country Club apartments in Mesa, Arizona. (CoStar)

A local multifamily investment firm has extended its buying spree in greater Phoenix, spending $107 million to buy a trio of apartment complexes in the Mesa and Glendale suburbs.

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