SCOTTSDALE, AZ-Gilbert-based Strategic Real Estate IV LLC hasacquired 26 units at 5995 N. 78th Place in Scottsdale for a totalamount of $1.9 million. The company has purchased the units in theBella Vita condo conversion project from Carlsbad, California-basedSCE Property LLC.

The sales price breaks down to about $74,038 per unit. The BellaVita community contains 226 units. Greg Thielen of Phoenix-basedHendricks & Partners negotiated the deal on behalf of theseller. For the full story, go to Phoenix Business Journal .


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