PASSCO COMPANIES ACQUIRES $52.525M LUXURY APARTMENT COMMUNITY IN THRIVING SCOTTSDALE MARKET

Passco Companies, LLC has acquired a premier core 218-unit multifamily community for $52.525 million in Scottsdale, Arizona, which it is naming “Luxe Scottsdale.”  The community, built with an urban design, condominium finishes, and state-of-the art community amenities, was recently developed by the seller, Atlanta-based Wood Partners, according to Gary Goodman, Senior Vice President, Acquisitions for…