Newly built Riata project in Chandler sold for $91M

BRE announced the sale of the 300-unit Class A multifamily community Riata to EPI LP for $91 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch, and Mark McFate of Phoenix Multifamily Institutional Properties represented the seller, San Antonio, Texas-based real estate developer Embrey Partners. Martin Cohan of Marcus and Millichap and Cliff David of IPA represented the buyer. Built … Read more