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Modern Residential and Henley USA have acquired Sonoma Pines in Peoria, Ariz., and Sonoma Villas in Mesa, Ariz., and named Sunrise Management as the new manager for both.

Sunrise Management has assumed all day-to-day project and property management at both properties and already started a $2.4 million renovation project on both, which represent 481 units.

Sunrise Management currently oversees more than 13,000 multifamily units, including about 4,000 units in the Phoenix area, with properties in Phoenix, Mesa, Tempe and Scottsdale.

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The Betourne Group, LLC

220 Newport Center Drive, Suite 11
Newport Beach, CA 92660
Tel: (949) 436-8332