JOINT VENTURE PURCHASES 178 CONDOMINIUMS AT CITI ON CAMELBACK

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PHOENIX — A joint venture between Orion/Robson Opportunity Partners LLC and a Canadian-based private investment firm has acquired the remaining unsold condominiums at Citi on Camelback in Phoenix. Located at 909 E. Camelback Rd., the 178 units sold for an undisclosed price. Built in 2002, Citi on Camelback consists of 30 units and offers numerous amenities. Robert Rizzi of New York-based Broad Street Advisors arranged the equity for the acquisition.

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