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Apartment portfolio sales may be on the rise in Phoenix as a result of the strong fundamentals and market growth. Phoenix is not generally known for portfolio sales, but there have been a few more transactions in the first half of the year over the first half of 2017. Owners have been motivated to bring portfolios to market by strong pricing, deep capital and growing investor demand. While it is hard to say if a few more transactions makes a trend, the activity is certainly an example of the improvement in the market.

Kelsi Maree Borland

GlobeSt

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