Clovis Investment Firm acquires $84.5M apartment complex

Clovis-based real estate investment firm IDEAL Capital Group announced the acquisition of a $84.5 million in Tempe, Arizona apartment complex (The Hyve). "With its outstanding location and proximity to Downtown Tempe and Arizona State University, our investors recognized the opportunity for consistent, long term success" states Kevin Conway, director of acquisitions at IDEAl. It's also located adjacent to the Novus Innovation Corridor.