PHOENIXIn this edition of Deal-Tracker, Colliers International in Greater Phoenix recently completed the sale of Cedar Court in Glendale, a 116-unit class B multifamily complex, for $6.25 million, or $53,879 per unit.

Emma Capital Properties Inc. of Toronto purchased the property, at 5215 W. Peoria Ave., from Cedar Court Condominiums LLC of Glendale.

Bill Hahn, Jeffrey Sherman, and Trevor Koskovich, senior vice presidents with Colliers International's HSK Multifamily Southwest team, represented both buyer and seller.

Continue Reading for Free

Register and gain access to:

  • 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.