Scottsdale-based Sterling Real Estate Partners has completed the first phase and is now leasing apartments at Downtown Tucson’s 212-unit hotel-to-apartment conversion project. Branded ‘Presidio Palms Apartments’, Sterling acquired the 10-acre property in January of 2021 and changed the zoning to convert an underperforming and functionally obsolete hotel to 212 apartment units and the future development of an additional 154 units.