SCOTTSDALE, AZ - Avanti Residential has sold the vibrant 193-unit Dwell Apartment Homes for $41.6 million to Chicago-based 29th Street Capital. The sale allows Avanti to realize its investment objective for the property and continue to reallocate the firm’s 9,000-unit apartment portfolio toward newer core-plus properties nationwide.
The authentic mid-century project is located near the intersection of Scottsdale and McDowell Roads and benefits from Scottsdale’s high-end employment,...
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