Pathfinder Adds New Multifamily Property to Portfolio
Continuing to expand its footprint in the Phoenix metropolitan area, Pathfinder Partners, LLC - a San Diego-based firm specializing in opportunistic investments in distressed real estate assets, defaulted loans and value-add properties - has acquired McKinley Court Apartments, a 40-unit apartment building at 815 N. Third Ave. in downtown Phoenix, Ariz.
Pathfinder and its partner, Metrowest Development, acquired the property for $1.65 million, marking Pathfinder's 12th multifamily acquisition of 2012.
According to Mitch Siegler, senior managing director of Pathfinder ...


