Finance & Investment - Phoenix
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Security Properties Expands Portfolio With $98M AZ Buy
The firm acquired three apartment communities totaling 1,276 units in Mesa, Glendale and Phoenix. Starwood Capital Group, the seller, bought the assets in 2012.
26 July 2017 13:20 -
HFF Secures $15M Loan for Phoenix Property
Park 28 is a 152-unit luxury community. Pure Multi-Family REIT purchased the community in June for a price tag of almost $30 million.
21 July 2017 12:49 -
On the Market: 5 Interesting Listings for the Week of 7/10
This week's listings include a 1930s-era asset in Los Angeles and a three-unit brownstone on a tree-lined block in Jersey City, N.J.
14 July 2017 14:25 -
Phoenix Community Scores $24M Financing
The real estate investment trust arranged the first mortgage financing for the community. Pinnacle at Union Hills was purchased for $48 million using proceeds from an equity offering.
13 July 2017 11:59 -
CBRE Closes $40M Sale of Phoenix-Area Community
The company represented Baron Properties in the sale of the 240-unit community. The buyer partnership was represented by Mike Dow of Impact Multifamily Advisor.
03 July 2017 13:47 -
On the Market: 5 Interesting Listings for the Week of 6/26
This week's listings include two historic properties in New York: a 1920s-era community on Long Island and a Brooklyn walk-up built in 1910.
30 June 2017 15:07 -
South Phoenix Community Changes Hands for $12M
Cushman and Wakefield brokered the sale of La Reserve on 45th, a 301-unit property in the Maryvale neighborhood. A joint-venture purchased the asset from CEG Operating Partners.
23 June 2017 13:49 -
Ares, TruAmerica Buy Metro Phoenix Property for $31M
The joint venture plans a multi-million-dollar capital improvement program at Broadstone Gateway, a 240-unit community in Avondale, Ariz.
15 June 2017 08:53 -
CBRE Secures $90M for Phoenix Community
The Capital Markets Debt & Structured Finance team arranged the financing for San Sonoma, a 590-unit property with an average rental rate of $1,373.
31 May 2017 22:02 -
On the Market: 5 Interesting Listings for the Week of 5/8
This week's listings include a Phoenix garden-style community for $1 million and a well-designed urban property in Portland.
12 May 2017 16:49 -
On the Market: 5 Interesting Listings for the Week of 4/24
Last week's listings include two recently built student housing properties: an amenity-laden 661-bed property catering to students at the University of Florida and a 173-bed community located four blocks from the University of Wisconsin - Milwaukee.
01 May 2017 16:33 -
On the Market: 5 Interesting Listings for the Week of 4/17
This week's listings include a newly renovated and college-adjacent property in Rowland Heights, Calif., and a 28-unit Phoenix community offered for less than $1 million.
21 April 2017 18:18 -
On the Market: 5 Interesting Listings for the Week of 4/10
MHN's recent finds include two Colorado properties: one in the burgeoning Colorado Springs student housing market, and a historic four-unit property in Denver built in 1890.
19 April 2017 13:00 -
On the Market: 5 Interesting Listings for the Week of 4/3
This week's assets include two student housing properties: a 528-bed community with a pool located less than half a mile from Georgia Southern University and a sleek 2017-built property near the University of Texas in Austin.
07 April 2017 14:37 -
Phoenix Condo Development Receives Construction Loan
Sales have begun for The Residences at Oak, a 47-unit condo project nearing completion in Scottsdale, Ariz.
03 April 2017 16:20