CBRE’s Multifamily Investment Group Completes Three Transactions Totaling $4.55 Million

Brian Smuckler and Jeff Seaman of CBRE’s Multifamily Investment Group have completed the following sales transactions totaling $4.55 million across three properties throughout the Valley:

Catalina MF

• Catalina, a 33-unit community located at 3001 North 36th Street in Phoenix, sold for $2.2 million. The buyer was Pacifica-GSPT, LLC of Los Gatos, California. The seller was Catalina of Arizona, LLC of Phoenix.

• Setting Sun, a 28-unit property located at 6923 North 80th Avenue in Glendale, sold for $1.35 million. The buyer was Ding Tran and Tyet Le of Gilbert, Arizona. The seller was Eightysun, LLLP of Vancouver, British Columbia.

• Oberon Place, a 24-unit community located at 1822 North 32nd Street in Phoenix, sold for $1 million. The buyer was Oberon, LLC of Los Angeles, California. The seller was Arizona Palms Holdings, LTD of Surrey, British Columbia.

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