By Angela Gonzales | Phoenix Business Journal
Carter, a 365-unit luxury apartment community on 4.53 acres in Scottsdale, has sold for $161.4 million in cash, according to Tempe-based Vizzda LLC.
Selling for $442,191.78 a unit on June 3, this transaction represents the largest sale of the year. The property, built in 2018, was 94% occupied at the time of closing.
A venture between San Antonio-based Kairoi Residential and German American Realty paid cash to an entity tracing to EQT Exeter, according to Vizzda.
Representing the seller were Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen of CBRE Group Inc.
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