Arizona, a southwestern U.S. state, is best known for the Grand Canyon, the mile-deep chasm carved by the Colorado River.
Tag: Arizona
Morgan Group Sells the Pearl Biltmore Luxury Apartment Community in Phoenix for $152M
Morgan Group sold the Pearl Biltmore luxury apartment community in Phoenix for $152 million. The property at 24th and Highland was bought by Covenant...
CBRE Facilitates $79M Sale of Upscale Phoenix Multifamily Community Alta North Central
Alta North Central, a 229-unit Class A multifamily community located in north central Phoenix, traded hands in a $79 million ($345k/unit) transaction. The community features...
McShane Completes 286-unit Multifamily Development Manor Scottsdale in Arizona
McShane Construction Company has completed Manor Scottsdale, a 286-unit apartment complex in Scottsdale, Arizona. Related Group chose McShane to construct the five-story wrap-style building...
Tower 16 Capital Partners in Partnership with Raith Capital Partners Acquires Ascend on Glendale...
San Diego-based Tower 16 Capital Partners in partnership with Raith Capital Partners has successfully acquired Ascend on Glendale, a 216-unit multifamily property located near...
Bryten Real Estate Partners Announces Grand Opening of New Luxury Community Amavida Marana Near...
Ascent Companies & Vanderbuild along with property management company, Bryten Real Estate Partners, officially opened Amavida Marana, the newest luxury community in the heart...
JLL Brokers the Successful Sale of Corona Del Sol, a 64-unit Apartment Complex with...
JLL Capital Markets announced the $12.6 million sale of Corona Del Sol, a 64-unit, garden-style apartment complex in Phoenix, Arizona. JLL represented the private high-net worth...
Institutional Property Advisors Brokers Multifamily Asset Sale Equestrian Luxury Apartments in Tucson
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Equestrian, a 288-unit multifamily property in Tucson, Arizona. “Equestrian’s prime Northwest Tucson location...
Institutional Property Advisors Brokers Luxury Mid-Rise Multifamily Asset Sale of Glen 91 in Glendale
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Glen 91, a 296-unit multifamily asset in Glendale, Arizona. The property sold...
Tower Capital Arranges $51.5M in Construction Financing for Phoenix West Valley BTR Development Skyview...
Tower Capital arranged $51.5 million in non-recourse construction financing for the development of Skyview by Zen, a 190-unit Build-to-Rent (BTR) community in Phoenix’s West...
Tower 16 Capital Partners Secures $128M Refinancing on Ardella Four-Property Multifamily Portfolio
San Diego-based Tower 16 Capital Partners has successfully closed on a $128 million refinancing of a four-property multifamily portfolio comprising nearly 1,000 units across...
Arizona Land Consulting Closes Land Sale in Buckeye Arizona for Upcoming Mixed-Use Multifamily Project...
Arizona Land Consulting (ALC) has closed on two locations in Buckeye, Arizona within the community Copper Falls. The deals, combined, amounted to nearly $20...
Caliber Announces Hotel Conversion Project to Apartments, Townhomes, and SFR in South Phoenix
Caliber finalized funding for the first phase of the Company’s SP10 project in the Ahwatukee Foothills neighborhood in South Phoenix. The SP10 project will begin...
RXR and Korman Communities Acquire New 400-Unit Luxury Multifamily Development The Blake in Phoenix
A joint venture between RXR and Korman Communities acquired The Blake, a 400-unit luxury multifamily community in Phoenix, Arizona. The property was sold by...
One Degree Acquisitions Opens Phoenix Office Helmed by Christopher Westcott
One Degree Acquisitions (“ODA”), a commercial real estate investment firm focused on the acquisition and management of a diversified portfolio of core-plus, value-add, and...
JLL Arranges $120M in Construction Financing for Ray Phoenix Apartments
JLL Capital Markets arranged $120 million in construction financing for the development of Ray Phoenix, a 401-unit, 26-story multifamily residential building in downtown Phoenix. The...