Canada’s Western Wealth Capital Goes on a Shopping Spree in Phoenix

Western Wealth Capital Ltd., a Vancouver, Canada-based multiple-unit rental property investment firm, has become quite active in the Phoenix multifamily market this month. This week, it has acquired the Greater PHX IV Portfolio, a four-property, 748-unit, real-estate-owned portfolio for $ 41.5 million (about $ 55,480/unit). Last week it acquired 300 of the 440 total units in Signature Place Condominiums in Tempe, AZ, for $ 40 million (about $ 133…
National Commercial Real Estate News From CoStar Group

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