Finance & Investment - Phoenix
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Suburban Phoenix Apartments Sell for $27M
Citibank provided the buyer of the 144-unit Class A multifamily asset with nearly $19 million in acquisition financing.
20 February 2020 14:06 -
NorthRock JV Acquires Phoenix Community for $55M
Berkadia provided the buyer of the 376-unit multifamily asset with a $39 million, 10-year Fannie Mae acquisition loan.
20 February 2020 13:46 -
Bascom Arizona Ventures Buys Phoenix Class A Community
The company paid more than $11 million for the 37-unit asset, with Comerica Bank providing acquisition financing.
18 February 2020 15:08 -
Equity Residential Sells Phoenix Community for $31M
The buyer financed the acquisition with a $19.6 million Freddie Mac loan secured by Newmark Knight Frank.
04 February 2020 17:52 -
Bluerock Purchases Luxury Phoenix Community
The 254-unit upscale property last traded in 2017 for more than $40 million.
29 January 2020 16:51 -
Harbor Group Acquires Arizona Community for $66M
The new owner will invest $418,000 for improvements to the common areas and installing Nest thermostats at the Scottsdale property.
29 January 2020 14:45 -
Phoenix Asset Trades for $58M
PrivatePortfolio Group purchased the newly built Circa Central Avenue with acquisition financing originated by Nationwide Life Insurance Co.
21 January 2020 17:19 -
Sares Regis Expands Arizona Portfolio
The company acquired its latest property in Phoenix as part of its Fund III that targets communities in the West.
15 January 2020 15:59 -
CWS Capital Partners Pays $36M for Phoenix Community
The 160-unit Azure Creek at Tatum Ranch in Cave Creek last traded in 2015 for $23.3 million.
13 January 2020 18:40 -
Recently Built Uptown Phoenix Community Changes Hands for $61M
Weidner Investment Services purchased the building using a $39.7 million acquisition loan from MUFG Bank.
06 January 2020 13:37 -
Phoenix-Area Property Sells for $76M
Institutional Property Advisors represented the seller and procured the buyer in the transaction.
23 December 2019 15:20 -
Starwood REIT Snaps Up New Phoenix-Area Community
This is the second Scottsdale multifamily asset to trade for more than $90 million this week.
20 December 2019 16:18 -
Phoenix-Area Community Sells for $37M
The buyer of the 153-unit, garden-style community financed the acquisition with a nearly $24 million Freddie Mac loan.
20 December 2019 12:29 -
Greystar Buys Phoenix Community for $96M
The multifamily giant picked up a 412-unit property from IMT Capital in Scottsdale, Ariz.
19 December 2019 13:16 -
JV Acquires Downtown Phoenix Property
Origin Investments and Randolph Street Realty Capital purchased Union @ Roosevelt, situated within a Qualified Opportunity Zone.
09 December 2019 15:15