Winthrop Realty sells Deer Valley, Arizona, property for $20.5M

theflyonthewall.com

Winthrop Realty has sold its medical office building property located in Deer Valley, Arizona for a gross sales price of $20,500,000 and net proceeds, after costs and closing adjustments, of approximately $20M. The property was originally acquired through a foreclosure by Winthrop on a loan receivable acquired in June 2010 for an original purchase price of approximately $10,600,000.

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