Sold March 2021, Lunaire Apartments (“Lunaire”), is a 240-unit multifamily community located in the Canyon Trails submarket in the city of Goodyear, a suburban market in Phoenix, Arizona. Built in 2008, Lunaire was acquired in 2016 and has received 135-unit interior upgrades, helping to drive current occupancy to 96% at the time of sale. Lunaire presented the new buyer an outstanding opportunity to purchase an upscale garden-style community positioned to generate stable income in a high-growth submarket with substantial upside.