A Dubai investor has bought a boutique loft project in Old Town Scottsdale.
Maissan Almaskati's Marcher Arizona LLC bought the Loft 6 apartments on Second Street in Scottsdale for $1.15 million.
The deal translates into just under $191,700 per unit.
The seller was Bryan O'Keefe's K Squared Properties LLC.
Read more... http://m.bizjournals.com/phoenix/news/2015/05/08/dubai-investor-buys-scottsdale-lofts.html