A prominent office building that is in the process of being converted into an apartment complex at Camelback Road and Central Avenue was bought out of foreclosure by the lender of the defaulted loan.

A prominent intersection in the Camelback Corridor in Phoenix could see a new apartment complex built as part of an existing office campus, if a Florida developer's rezoning proposal is approved.

Any potential buyer of One Camelback would inherit a luxury development nearing completion at a destination site in the heart of Phoenix. The adaptive reuse development is turning the 215,245 ...

The website for One Camelback shows units available for pre-leasing, ranging in price from a studio starting at $1,825 per month to a three-bedroom unit on the 11th floor for $8,200.