BERKADIA COMPLETES $12.5 MILLION SALE OF ARIZONA MULTIFAMILY PROPERTY

Berkadia today announced the recent $12.5 million sale of Superstition Villas, a multifamily property located in Mesa, Arizona. Senior Managing Director Mark Forrester, Managing Director Ric Holway, Senior Director Dan Cheyne and Associate Tom Wolff of the Phoenix office facilitated the transaction, which closed on July 1. The seller was Arizona-based MRI Saddlehorn Superstition Investment…