Institutional Property Advisors closes $58.24 million multifamily asset sale in Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villas Los Limones, a 224-unit multifamily asset in Phoenix, Arizona. The $58.24 million sales price represents $260,000 per unit.
“Villas Los...
ABI Multifamily brokers 160-unit Northwest Phoenix apartment community for $24.25 million
ABI Multifamily—the leading multifamily brokerage and advisory services firm in the Western US—is pleased to announce the $24.25 million / $151,563 Per Unit / $204.66 per square foot sale of Pointe Vista Apartments, a...
Institutional Property Advisors Closes Sale and Arranges Financing for Multifamily Asset Citra in Phoenix
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Citra, a boutique, 72-unit apartment property in Phoenix, Arizona.
“The heavily built out Northwest Valley has strong renter demographics and a...
ABI Multifamily brokers 109-unit condominium property for $27 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $27,000,000 / $247,706 Per Unit / $208.38 Per SF sale of Santana Ridge Luxury Rentals,...
Greenlight Communities Announces Leasing is Underway for Cabana Bridges in Tucson
Arizona’s attainable housing leader, Greenlight Communities, is proud to close out 2023 with several major milestone, including 4 completed and 6 new attainable rental communities currently under construction across the state, further expansion into...
Trion Properties makes largest acquisition to date with $108.75 million off-market acquisition in highly-desirable...
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has successfully completed the off-market acquisition of Terra Village, a 402-unit multifamily community in...
Empire Group Slated to Build Arizona’s Largest BTR Project Village at Bronco Trail
Empire Group started construction on its largest build-to-rent project in Phoenix, Arizona: Village at Bronco Trail.
Tower Capital arranged an $88.5 million construction loan. Construction commenced in August 2023. The general contractor for the project...
Trilogy Investments Announces Construction for Build-To-Rent Community Rêve at Avondale Station Has Commenced
Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that land development at Rêve at Avondale Station in Avondale, Arizona, is underway.
The 107-home BTR community, developed in collaboration with Pinnacle Partners, is...
Institutional Property Advisors Brokers Sale and Arranges Financing for $94.5M Southeast Phoenix Multifamily Asset...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Alta Chandler at The Park, a 291-unit mid-rise multifamily asset in Chandler, Arizona. The property traded for $94.5 million, which...