22
Feb
JV Completes $200M Recapitalization of Optima Sonoran Village in Scottsdale
Optima, a vertically integrated investment firm, partnered with Des Moines, IA-based Principal Real Estate Investors, completed a $200 million recapitalization on the 627-unit apartment complex at Optima Sonoran Village in Scottsdale, AZ.
Optima Sonoran Village, Phases I and II, delivered in 2014 at 5895 E. Camelback Rd. The multifamily complex, which was developed by Optima, comprises studios, one-, two- and three-bedroom units in four, seven…
Source: Costar News
