Multifamily news in Finance & Investment - Phoenix
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Investment Trust Buys Phoenix-Area Self Storage
The Strategic Storage Trust VI portfolio now totals four properties.
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JV Pays $33M for Phoenix-Area Asset
The new owner plans to rebrand and update the 208-unit garden-style community in Glendale, Ariz.
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Top 5 Markets for Transaction Activity in 2021
According to Yardi Matrix data, multifamily deals in the top five markets exceeded $18.5 billion in the first half of the year.
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Acacia Capital Acquires Phoenix Community for $96M
CBRE represented the seller in its disposition of the 272-unit property.
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Scottsdale Apartments Command $105M
ABI Multifamily represented both parties in the transaction for the 330-unit community.
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Rise48 Equity Expands Phoenix Footprint
The company paid nearly $74 million for two multifamily properties located between 6 and 8 miles from the city's downtown.
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Phoenix Affordable Project Lands $29M Freddie Mac Loan
Trinity Housing Development and nonprofit Housing for Hope Arizona Inc. will use the financing to build a 297-unit community.
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Taurus Investment Holdings Buys Phoenix Community
The 136-unit property marks the company’s fourth acquisition in the metro over the last 12 months.
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East Phoenix Community Changes Hands for $34M
The property last traded less than three years ago, for $21 million.
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Phoenix Asset Changes Hands for $45M
Bridge Investment Group funded the acquisition of the 136-unit Glendale property.
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North Central Phoenix Value-Add Commands $32M
Pacific Reach Properties sold the garden-style community after 7 years of ownership.
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Transwestern, Knightvest Sell Phoenix-Area Community
The partnership renovated common areas and half the units at the Glendale property.
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KKR Expands Phoenix Footprint With High-End Purchase
The deal brings the company's portfolio in the metro area to more than 2,600 units.
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Oxford Properties Acquires Phoenix-Area Community
The 285-unit property in Scottsdale marks the firm's second purchase in the metro this year.
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Investcorp Expands With $420M in Acquisitions
The global investment manager purchased five communities in Arizona, Georgia and Texas.