Newmark Grubb Knight Frank announced that Karl Abert, Sally Schwenn and Brad Pickering of the Newmark Grubb Knight Frank Multifamily team, represented the seller, Lili Rubin Investment Properties, LLC. in the sale of a 300-unit, Class C apartment community at 5535 W. McDowell Rd. in Phoenix.

The buyers, Grant Slawson and Victoria McCaffrey, bought the property for $7.875M. It was an all-cash purchase.