Weidner Sells Phoenix Community for $37M

  • Jan. 25, 2019
  • Multi-Housing News

Institutional Property Advisors, a division of Marcus & Millichap, has represented Weidner Apartment Homes in the $37.2 million sale of the 258-unit Monterra Apartments Homes in Phoenix. According to Maricopa county records, the buyer, Eaton Vance Investment Managers, has financed the acquisition through a $22.4 million, seven-year Freddie Mac loan originated by Walker & Dunlop.

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