Phoenix – Sept. 16, 2013 – CBRE has negotiated the following multifamily sales transaction:
- Clear Sky Capital Arimont LLC of Phoenix, Ariz., has purchased Arimont Apartments, a 21-unit multifamily property located at 1102 E. Maryland Ave. in Phoenix, Ariz. Brian Smuckler and Jeff Seaman of CBRE’s Multi-Housing Private Capital Group in Phoenix represented the buyer and the seller, The Eugenijus Valiulis Revocable Trust of Ojai, Calif., and negotiated the $940,000 sale.
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CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.