Royal-Palms-Apts-Glendale-AZ

NKF Arranges $14.3M Sale of Royal Palms Apartment Asset in Glendale, Arizona

by Amy Works

GLENDALE, ARIZ. — Newmark Knight Frank (NKF) Multifamily has brokered the sale of Royal Palms, a multifamily property in Glendale. An undisclosed buyer acquired the community from 5902 Royal Palms LP for $14.3 million.

Brett Polacheck, Chris Canter and Brad Goff of NKF Multifamily represented the seller in the transaction.

Located at 5902 W. Royal Palm Road, the 1970s-vintage property features 138 apartments.

You may also like