Golden Horizon Enterprises Acquires Bella Grace Multifamily Community In Chandler For $69M

A multifamily asset located at 2121 North Grace Boulevard in Chandler, AZ, has been sold. The property encompasses 194 units, achieving a price per unit of $355,670 and a total sale price of $69,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $69,000,000
• Buyer: Golden Horizon Enterprises
• Seller: The Inland Real Estate Group of Companies, Inc
• Brokerage: Berkadia
• Brokers involved: Mark Forrester, Ric Holway, Dan Cheyne & Andrew Curtis
• Units: 194
• Price Per Unit: $355,670

Berkadia facilitated the sale of Bella Grace, a build-to-rent community in Chandler, Arizona, transitioning ownership to Golden Horizon Enterprises.