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Chicago-based Redwood Capital Group has entered the Phoenix apartment market. The investor has acquired the Carter, a 365-unit class-A apartment complex in Scottsdale. The sales price and name of the seller was not disclosed.

Located in Downtown Scottsdale, the property was constructed in 2018 and features five stories with three elevators that serve all residents and offer direct access to a structured parking garage. It features a full amenity suite.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

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