CBRE, the Dallas-based real estate firm, negotiated the sale of Alta Biltmore, a 215-unit luxury multifamily community in the Camelback Corridor submarket of Phoenix.

CBRE's Asher Gunter , Matt Pesch , Sean Cunningham and Austin Groen represented the seller, a national multifamily developer. Salt Lake City-based Millburn & Co. acquired Alta Biltmore, marking the company’s eighth multifamily acquisition in metro Phoenix since 2020.

The price was not disclosed.

“Alta Biltmore features high-quality wrap construction, best-in-class amenities, and the community has one of the most walkable locations in the submarket with high-end retail and fine dining in the surrounding Biltmore neighborhoods,” said CBRE’s Asher Gunter, vice chairman and managing director of the Southwest region, in

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