Phoenix, Arizona
Tag: Phoenix Arizona
JLL arranges $185.63 million financing for Phoenix-area multihousing properties
JLL Capital Markets announced that it has arranged a refinancing totaling $185.63 million for a 1,439-unit portfolio of five multihousing properties in and around...
PCCP, LLC provides $49.2 million senior loan for the development of a 458-unit apartment...
PCCP, LLC announced that it has provided a $49.2 million senior loan to IDM Companies for the ground-up development of Acero Algodon, a Class...
Institutional Property Advisors brokers $49.5 million multifamily asset sale in North Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Deer Creek Village, a 308-unit multifamily complex in North...
Greater Phoenix apartment asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Mountain Park Ranch Apartments, a 240-unit multifamily asset in...
Sonesta on University Apartments sell for $43.6 million
CBRE has arranged the sale of the 212-unit multifamily community Sonesta on University on behalf of Knightvest Residential to Western Wealth Capital (WWC) and...
Midtown Phoenix multifamily asset sold by Institutional Property Advisors for $78.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Parc Midtown, a 306-unit apartment complex in Phoenix, Arizona. The...
Pillar Communities acquires multifamily development for $57.5 million
Hunt Companies, Inc., Tilton Development Company, Civitas Capital Group and Ryan Companies US, Inc., announce the sale of Circa Central Avenue, a multifamily development...
Pathfinder Partners acquires value-add multifamily community in Phoenix submarket
Pathfinder Partners, a San Diego-based firm specializing in multifamily real estate investments, has announced the $8.4 million acquisition of Park Paloma—a 60-unit apartment community...
Marcus & Millichap sells Phoenix multifamily asset for $21 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
NexMetro Communities sells Phoenix metro asset for $42.6 million
NexMetro Communities, a pioneer of single-level luxury leased home neighborhoods, has sold its 152-unit Avilla Town Square asset for $42.6M to Keller Investment Properties. “This...
Institutional Property Advisors sells new multifamily asset in Central Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Alta Central, a 223-unit mid-rise multifamily building in Midtown...
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...
