GILBERT, AZ-Clear Sky Capital Heritage Square LP has acquired Orion at Heritage Square, an apartment community at 65 E. Olive Ave. in Gilbert, for an amount of $7.5 million. The seller of the multifamily property was Orion Pacific Note Investors LLC, an associate of Orion Residential Advisors LLC of Deerfield, Illinois.
The Orion at Heritage Square apartments traded for $62,500 per unit. Steven Nicoluzakis and David Folger with Phoenix-based Cassidy Turley BRE Commercial brokered the sale. For the full story, go to Phoenix Business Journal .
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