CBRE Completes $48.5 Million Sale of The Highlands Multifamily Community in Scottsdale, Arizona

CBRE has completed the sale of The Highlands, a 272-unit multifamily community located at 15255 N. Frank Lloyd Wright Boulevard in Scottsdale, Arizona. The buyer was Newport Beach, California-based Olen Properties. The seller, Irvine, California-based Bascom Goup, was represented by Tyler Anderson, Sean Cunningham, Asher Gunter, and Matt Pesch of CBRE Multifamily Institutional Properties in…