CBRE Multifamily Investment Group Negotiates $1.7 Million Sale of Desert Arbor Apartments in North Phoenix

Desert Arbor

CBRE has negotiated the following multi-family sales transaction:

• Stardom Apartments, LLC from Woodside, California has purchased Desert Arbor apartment complex, a 73-unit multi-family property located at 725 West Vogel Avenue and 726 West Hatcher Road in Phoenix, Arizona from Las Salas, INC of Phoenix, Arizona. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented both buyer and the seller in negotiating the $1.7 million transaction.

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