Commercial Real Estate Direct Staff Report Ares Real Estate has paid $137.5 million, or $350,765/unit, for Zaterra, a 392-unit apartment property in Chandler, Ariz. The Los Angeles investment manager purchased the property from a venture of PB.. Bell and PCCP in a deal brokered by Marcus & Millichap’s Institutional Property Advisors unit. The two-year-old property, […]

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