MacNaughton buys 290-unit luxury multifamily community in Scottsdale, Arizona

  • MacNaughton acquired Residences Kierland, a 290-unit Class A luxury multifamily rental community in Scottsdale, Arizona.
  • Deal completed through affiliate Kierland Partners; marks its sixth investment in Arizona.
  • Asset was completed in 2022; located in the Kierland submarket near major retail and employment centers.
  • Transaction executed with Tokyo Tatemono as investment partner.


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