Aura on Broadway
Asset – 194 class-A garden-style apartments
Total Development Budget – Approximately $29.5 million
Acquisition Date – December 12, 2014
Market - Located within approximately one mile from the center of Arizona State University.
CNL Growth Properties owns a 90 percent interest through a joint venture with PBB - TRG Broadway, L.P. The joint venture partner is an affiliate of Trinsic Residential Group LP.