Pillar Communities Acquires Cuvee Apartments In Glendale For $86M

Fore Property Co. has finalized the sale of Cuvee, a newly constructed apartment property located at 7200 N. 91st Ave. in Glendale, AZ. The Class A multifamily asset was acquired by Pillar Communities for a total of $86 million.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $86,000,000
• Address: 7200 North 91st Avenue, Glendale, AZ
• Market: Glendale, AZ

This transaction was facilitated by the following key individuals and companies:

• Buyer: Pillar Communities
• Seller: Ellen Richwine - Fore Property Co
• Brokers: Matt Pesch, Asher Gunter, Sean Cunningham & Austin Groen - CBRE

It is worth noting that Cuvee is a newly constructed apartment property, providing modern and high-quality living spaces. The acquisition of this Class A asset by Pillar Communities highlights the attractiveness and potential of the Glendale, AZ market for real estate investments.