Arizona, a southwestern U.S. state, is best known for the Grand Canyon, the mile-deep chasm carved by the Colorado River.
Tag: Arizona
Alta Drinkwater sells for $96.15 million
CBRE has arranged the sale of the 277-unit multifamily community Alta Drinkwater on behalf of Wood Partners to Starwood Real Estate Income Trust, Inc....
Renovated Phoenix multifamily asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Bloom 24, a 114-unit multifamily complex in Phoenix. Highline...
192-unit, value-add apartment complex in Sierra Vista, AZ sells for $13,912,500
Montego Bay Apartments, a 192-unit complex located at 409 S. Lenzner Avenue in Sierra Vista, Arizona, has sold for $13,912,500. The seller was CW...
43-unit apartment community in downtown Phoenix’s Coronado Historic District trades for $7.5 million
CBRE has completed the sale of the 43-unit Coronado 137 apartment community in Phoenix. Equity Advantage, Inc., an Oregon-based 1031 exchange buyer acquired the...
McShane Construction Company begins construction on new apartment complex in Gilbert, Arizona
McShane Construction Company is pleased to announce that they have been selected by Leon Capital Group to construct Soltra at SanTan Village, a new...
CBRE arranges sale of Avia 266 apartments for $45.25 million
CBRE announced the sale of the 266-unit multifamily community Avia 266 from Thayer Manca Residential to Geringer Capital for $45.25 million. CBRE’s Tyler Anderson, Sean...
High Street Residential and Principal Real Estate Investors begin construction on Gramercy Scottsdale
High Street Residential, the residential subsidiary of Trammell Crow Company, and its partner, Principal Real Estate Investors, announced that construction has begun on a...
Westmount Realty Capital enters Arizona market with purchase of multifamily community near Phoenix
Westmount Realty Capital announced the acquisition of 949 at the District, a 154-unit multifamily community located at 949 South Longmore St. in Mesa, near...
Thayer Manca Residential sells $45.25 million property in Arizona
Thayer Manca Residential (TMR) has sold their latest multifamily property in the Tempe, Ariz. market, Avia 266, for $45,250,000. The Seattle-based investment firm acquired...
Biscayne Bay Apartments sold for $110.25 million
CBRE arranged the sale of the 512-unit multifamily community Biscayne Bay on behalf of Everest Holdings to San Diego-based MG Properties for $110.25 million. CBRE’s...
CBRE handles sale of Summerly at Zanjero apartments for $78.5 million
CBRE has arranged the sale of the 340-unit Class A multifamily community Summerly at Zanjero on behalf of Fore Property to a private investor...
Anaconda Capital Group, LLC acquires two Glendale, Arizona apartment communities for $4.66 million
CBRE announced the Anaconda Capital Group, LLC has acquired two multifamily properties in Glendale, Arizona totaling $4.66 million. Brian Smuckler, Jeff Seaman, Derek Smigiel and...
High Street Residential and CBRE Global Investors Fund begin construction on first phase on...
High Street Residential, the residential subsidiary of Trammell Crow Company, and its joint venture partner, a fund sponsored by CBRE Global Investors, have commenced...
CBRE Arranges Sale of The Edge Apartments for $57.3 Million
CBRE has arranged the sale of the 380-unit multifamily community The Edge on behalf of Baron Properties to Tides Equities LLC for $57.3 million. CBRE’s...
IPA closes Class A multifamily deal in West Valley for $58.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Remington Ranch, a 304-unit multifamily asset in the Phoenix...
