See the $1 billion player entering the Arizona real estate market with a $58 million splash

Phoenix Business Journal

Florida-based Avesta Communities has entered the Arizona real estate market with its $58 million purchase of the Coronado Crossing apartment complex in Chandler.

The development has 320 units and sits on 19 acres.

“Arizona is a great market and the city of Chandler has tremendous potential for growth,” says Luke Kline, director of acquisitions. “We look forward to serving the citizens of Chandler and helping residents of Coronado Crossing live abundantly.”

Tampa-based Avesta already has…

Source: Residential News