Colonial Oaks Senior Living & Fortress Investment Group Acquire Multifamily Property In Scottsdale, AZ For $37M

Colonial Oaks Senior Living and Fortress Investment Group have acquired a multifamily property located at 11415 N 114th St in Scottsdale, AZ. The property consists of 170 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $37,000,000
• Loan Type: Acquisition loan

The deal was facilitated by CBRE brokers Aron Will, Austin Sacco, and Adam Mincberg, who represented the parties involved in the transaction.