GLENDALE, AZ–A joint venture of B&R Capital Partners and American Landmark has acquired Cabana 99th, a 286-unit multifamily in Glendale, AZ, adjacent to the $1 billion Westgate Entertainment District, for $93.5 million.
Institutional Property Advisors, a division of Marcus & Millichap, represented the seller, Greenlight Communities, and procured the buyers in the transaction.
Cabana 99th is a newly built development adjacent to the Loop 101/Agua Fria Freeway with direct access to Westgate, the complex that includes State Farm Stadium, home of the NFL's Arizona Cardinals franchise.
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