Dallas-based Leon Multifamily sold its Soltra Kierland luxury apartment property in north Scottsdale for $107.5 million cash.
The transaction represents the highest price per unit for a multifamily sale in metro Phoenix since 2022, said Matt Pesch, vice chairman of CBRE’s Phoenix Multifamily Institutional Properties.
The sale price amounted to $532,178.22 per unit, with the deal closing on April 15, according to Tempe-based Vizzda LLC…