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Business

North Scottsdale multifamily community sold

The Residences Kierland, a 290-unit luxury multifamily community in North Scottsdale, recently sold for an undisclosed amount

CBRE represented the seller Quarterra while CBRE’s Debt & Structured Finance practice facilitated debt financing for the buyer MacNaughton, according to a press release.

MacNaughton is a family-owned real estate investment and development firm operating in the residential, condominium, hospitality, retail and commercial asset classes in Hawaii and the continental United States.

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