A division of FSO Capital Partners has paid $44.5 million, or $252,840/unit, for the 176-unit Sonoma Valley Apartments in Apache Junction, Ariz. The Phoenix private equity firm purchased the property from an affiliate of ReNUE Properties Ltd. of Scottsdale, Ariz., which was represented by Northmarq. Sonoma Valley, at 975 South Royal Palm Road, was built […]

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