CBRE Multifamily Investment Group Negotiates $7.75 Million Sale of Hidden Cove Apartment Complex in North Phoenix

Hidden Cove Photo

CBRE has negotiated the following multi-family sales transaction:

• Coastal Properties Corp. from Alberta, Canada has purchased Hidden Cove, a 150-unit multi-family property located at 2001 West Union Hills Drive in Phoenix, Ariz., from Rosebud LLC of Beverly Hills, Calif. Brian Smuckler and Jeff Seaman with CBRE’s Phoenix office represented the buyer and Bert Kempfert, also with CBRE, represented the seller in negotiating the $7.75 million transaction.

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