Connect CREArticle
Cavan Spins Off Phoenix BTR Community for $112.5M
Cavan Cos. has sold The Bungalows on Camelback, a 334-unit, build-to-rent asset in Phoenix, for $112.5 million. That comes out to about $337,000 a unit. A private individual acquired the property. This deal marked the biggest single-asset BTR sale in the metro’s history. Located on more than 29 acres at 4747 N.…
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Provenance
- Publisher
- Connect CRE
- Obtained from
- Unknown: source not established
- Published
- Jul 13, 2026
- Last updated
- Jul 13, 2026 (1 month ago)
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