Rise48 Equity has paid $28.6 million, or $208,759/unit, for 19 Rail, a 137-unit apartment property in Phoenix. The local investor purchased the property from G2 Realty Capital LLC, which was represented by Berkadia. The brokerage also arranged a $20.25 million loan, with a three-year term, from Argentic Real Estate Finance. The property, at 9202 North […]

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