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CBRE Multi-Housing Group Negotiates Sale in Metro Phoenix

 

CBRE has negotiated the following multi-family sales transaction:

Cactus Peak LLC of Malibu, Calif., purchased Bougainvillea Garden Apartments, a 31-unit multi-family property at 2032 W. Orangewood Ave. in Phoenix.

Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented the seller, Bougainvillea Garden Apartments LLC of Santa Barbara, Calif., in negotiating the $1.45M sale.

The buyer was represented by Scott Trevey of Kasten Long Commercial Group in Phoenix.

 

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Pulling together the multiple facets of the commercial real estate industry in Arizona, AZRE: Arizona Commercial Real Estate Magazine reaches out to the largest local and national commercial real estate audience within the Grand Canyon State and beyond. AZRE covers up-to-date happenings within commercial development, brokerage, construction, investment, finance, architecture, property management, real estate law and more as it relates to Arizona. Additionally, AZRE is an active voice within the commercial industry, partnering with such organizations as NAIOP, ABA, ICSC AZ, AIA AZ and Valley Partnership.