SUNRISE MANAGEMENT TAKES OVER RENOVATION, MANAGEMENT OF TWO PHOENIX AREA MULTIFAMILY PROPERTIES

San Diego-based Sunrise Management, which has specialized in the management of multifamily properties since 1978, has begun $2.4 million in renovations and repositioning for two Phoenix-area multifamily properties recently acquired by a partnership of Phoenix-headquartered Modern Residential and Boston-based Henley USA. Totaling 481 units, the properties are Sonoma Pines in Peoria and Sonoma Villas in…