CBRE Multifamily Investment Group Negotiates Sale of Fiesta Arms Apartment Complex in Metropolitan Phoenix

Fiesta Arms

CBRE has negotiated the following multi-family sales transaction:

• Elain and Maher Meida from Phoenix, Ariz. has purchased the Fiesta Arms apartment complex, a 20-unit multi-family property located at 8822 North 1st Street in Phoenix, Ariz., from FSFA 89, LLC, of Phoenix, Ariz. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented the seller in negotiating the $740,000 transaction.

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