Finance & Investment - Phoenix
-
Phoenix Community Changes Hands for $56M
An affiliate of the ConAm Group bought the 297-unit property neighboring the Phoenix Sky Harbor International Airport.
30 August 2019 15:18 -
Tides Equities Extends Phoenix Shopping Spree
The investment firm picked up The Edge, a 380-unit community, from Baron Properties for $57.3 million.
29 August 2019 13:07 -
Wood Partners Trades Phoenix Community for $64M
The transaction comes on the heels of the developer’s sale of another asset in the metro for $72 million.
23 August 2019 13:56 -
IPA Represents Wood Partners in $72M Phoenix Deal
The sale of the 273-unit Class A community, completed in 2018, is the developer's second disposition in the metro this year.
22 August 2019 11:18 -
Tides Equities Makes $25M Value-Add Move in Phoenix
The new owner plans to invest $5 million in capital improvements to the 240-unit Class C multifamily asset.
22 August 2019 10:56 -
Berkadia Arranges Sale of Tempe Community
Former owner Sares-Regis Group originally acquired the 144-unit Salado Springs property for $20.2 million in an all-cash transaction in 2016.
06 August 2019 17:36 -
TruAmerica Pays $77M for Phoenix Apartments
The multifamily investment firm increased its Arizona presence with the purchase of a 520-unit apartment community that it plans to renovate.
02 August 2019 13:36 -
Bluerock Acquires 644 Units in Scottsdale’s Old Town
The property last traded three years ago, for $80.9 million, when it also became subject to a $60.7 million CMBS loan.
02 August 2019 09:36 -
Phoenix Senior Housing Asset Trades for $27M
Chicago Pacific Founders acquired the 101-unit community, which offers three different levels of care and is located near several health-care providers.
22 July 2019 13:27 -
Boston Capital Sells Phoenix Asset for $65M
KeyBank provided Eaton Vance Investment Managers with a $45.8 million Fannie Mae loan for the acquisition of Aventura in Avondale, a 17-building gated community.
18 July 2019 18:06 -
Tides Equities Buys Phoenix Community for $57M
The real estate investment firm added a 436-unit community to its rapidly growing portfolio in the city. NorthMarq arranged the deal, including a $49.1 million bridge loan.
15 July 2019 12:14 -
Phoenix Apartments Command $69M
CBRE Capital Markets provided Lurin Capital with a $43 million acquisition loan for the purchase of the 283-unit luxury community.
12 July 2019 13:15 -
Phoenix-Area Community Changes Hands for $19M
Real estate private equity firm WhiteHaven Capital acquired Ridgepoint Apartments, a 164-unit property in Glendale, Ariz. The six-building asset was built in 1986.
11 July 2019 14:27 -
Phoenix Community Changes Hands for $57M
InterCapital Partners picked up the 561-unit multifamily property from value-add specialist 3rd Ave Investments, which bought the asset back in 2016.
10 July 2019 13:06 -
The Praedium Group Acquires Phoenix-Area Property for $74M
Completed last year, the 306-unit Town Commons is located within the Gilbert Town Square mixed-use shopping center and is within walking distance of several retail and entertainment options.
28 June 2019 17:48