Multifamily news in Market Rate Housing - Phoenix
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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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Evergreen Development Sells Phoenix Asset for $89M
Institutional Property Advisors represented the seller of the 275-unit 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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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.
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Phoenix Airport-Area Community Trades for $17M
The buyer financed the 237-unit acquisition with a $16.8 million loan from Keystone Bridge Capital.
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Sunroad Enterprises Closes $125M Phoenix Buy
The rebranded community traded with the assistance of a LoanCore Capital acquisition financing.
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Suburban Phoenix Property Changes Hands for $72M
Avanti Residential sold the 264-unit community in Goodyear, Ariz., after three and a half years of ownership.
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Tower 16 Sells Phoenix Community for $30M
The buyer will continue capital improvements at the 214-unit asset, following nearly $2 million invested under the previous owner.
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Visiquest Properties Lands Financing for Phoenix-Area Development
Paragon Mortgage Corp. arranged the HUD loan for the 96-unit project in Glendale, Ariz.
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MG Properties Group Expands Phoenix Portfolio With $75M Purchase
The 223-unit property is the company's 11th multifamily acquisition in Arizona.
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ZMR Capital Closes $41M Phoenix Acquisition
The 240-unit community is close to Deer Valley, one of the largest employment corridors in the metro area.
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Phoenix Community Changes Hands for $18M
The 96-unit garden-style property was nearly fully occupied at the time of the sale.
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TruAmerica Pays $196M for Nashville, Phoenix Assets
The acquisitions add nearly 1,000 units to the firm's national multifamily portfolio.