Los Angeles Angels owner Arte Moreno paid $125 million for the Cortland Biltmore, nearly $500,000 per unit. Moreno has a history of purchasing real estate in the area. Moreno recently bought a 12-acre office complex in the Biltmore area for $60 million. The Phoenix Business Journal reports he also paid $24.5 million for a 21-acre lot in ...
The post LA Angels Owner Buys Luxury Phoenix Rental Community appeared first on Connect CRE .
This content is for informational purposes only and does not constitute investment advice. Always consult with qualified professionals before making investment decisions.
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