Christian and Magdelena Covaciu acquired the Palm Vista apartment complex at 4138 N. Longview Ave. Built in 1983, the complex was 95% leased at the time of the sale.

Palm Vista Partners LLC, a private partnership based in Oregon, was the seller. The local office of CB Richard Ellis represented the buyers in the transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Multifamily
Phoenix