HSL Asset Management Sells 184-Unit Multifamily Property In Phoenix For $93.5M

The multifamily property located at 44 W Monroe St in Phoenix, AZ was recently sold in a closed transaction. The property, consisting of 184 units, was sold by HSL Asset Management. The sale was facilitated by Brad Goff, Brett Polachek, and Chris Canter from Newmark. The sale price for the property was $93,500,000, resulting in a per-unit price of $508,152.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $93,500,000
• Units: 184
• Price per Unit: $508,152
• Seller: HSL Asset Management
• Brokers: Brad Goff, Brett Polachek, and Chris Canter - Newmark
• Market: Phoenix, AZ
• Date: 08/03/2022
• Address: 44 W Monroe St

The involvement of Brad Goff, Brett Polachek, and Chris Canter from Newmark highlights the key individuals in this transaction. Their expertise and representation played a significant role in the successful sale of the multifamily property located at 44 W Monroe St.