CBRE Multifamily Investment Group Negotiates Transaction Totaling $1.47 Million in Phoenix

CBRE has negotiated the following multi-family sale transaction: • Old Republic Exchange Facilitator Company and Asset Preservation Inc. from San Francisco, Calif. have purchased Sun Ray, a 28-unit multi-family property located at 1621 West Denton Lane in Phoenix, Ariz. The seller was Duane Heldt and Stephanie Potter of Costa Mesa, Calif. Brian Smuckler and Jeff…