Commercial Real Estate Direct Staff Report TMG Associates has paid $90.5 million, or $305,743/unit, for Ocotillo Bay, a 296-unit apartment property in the Phoenix suburb of Chandler, Ariz. The New York company acquired the property from Acacia Capital Corp. of San Mateo, Calif., which was represented by CBRE. To finance the purchase, Walker & Dunlop […]

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