Valley RV Dealership to Expand, Black Rock Coffee Bar to Open New Location; 11 Other Real Estate Deals to Know

Article originally posted on Phoenix Business Journal on May 20, 2022

The 171-unit Hudson on Farmer apartment complexin downtown Tempe sold for $96 million, or $561,414 per unit, as investors continue to buy multifamily properties in the Valley at a rapid pace.

Steve Gebing and Cliff David, executive managing directors of Institutional Property Advisors, a division of Marcus & Millichap (NYSE: MMI), represented the seller, 8th & Farmer Owner LLC, and procured the buyer, Ideal Capital Group.

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