News - Phoenix

  • AZ, NC Senior Housing Lands $50M

    Greystone arranged the construction financing for the assets, which will comprise a total of 386 units.

    13 December 2017 19:25
  • Tucson Communities Trade for $45M

    The two apartment communities are adjacent to each other, on West Aerie Drive, near Interstate 10. The immediate area boasts a plethora of shopping and dining options.

    12 December 2017 22:22
  • ABI Brokers $3M Phoenix Sale

    Wilshire Place underwent full renovations prior to the transaction, which included interior and exterior improvements. The community is situated near public transportation and schools.

    12 December 2017 15:33
  • MGPG Buys AZ Community for $101M

    Lakeview at Superstition Springs comprises 44 buildings which overlook five lakes. The apartment community is undergoing a series of interior renovations.

    08 December 2017 15:47
  • ABI Facilitates Sale of AZ Community

    The 46-unit community is situated near major employment centers, as well as several schools in Mesa, Ariz. ABI brokered the transaction on behalf of the buyer.

    07 December 2017 14:56
  • Tucson Asset Trades for $23M

    Institutional Property Advisors arranged the sale of the 205-unit community, which received substantial upgrades from the previous owner and will undergo further improvements by the new owner.

    06 December 2017 16:14
  • 29th Street Capital Nabs 10th Phoenix Asset

    The company plans to significantly update and renovate the 25-building community following the sale's close.

    05 December 2017 18:45
  • Western Wealth Capital Grabs AZ Property

    Country Gables is a 139-unit community in Glendale and is the company's 35th multifamily acquisition in the Greater Phoenix area.

    04 December 2017 16:29
  • Phoenix Asset Changes Hands for $40M

    Mountain Park is located in Ahwatukee Foothills, offering residents job opportunities along the West Chandler employment corridor.

    21 November 2017 09:52
  • Lee & Associates Closes $7M Sale in Phoenix

    Two apartment communities located in northern Phoenix traded among private investors. The properties comprise 44 units.

    17 November 2017 16:16
  • Phoenix Condo Project Site Trades for $1.6M

    ABI Multifamily facilitated the land sale, which includes the planned development of a three-story, 16-unit luxury community called Aeries Townhomes.

    14 November 2017 16:31
  • Lee & Associates Brokers $21M Phoenix Transaction

    Biltmore Pointe Apartments includes 101 units and was built in two phases in 1959 and 1972. The new owner intends to add value to the investment through a substantial renovation.

    09 November 2017 14:59
  • MORGAN Enters Phoenix Market with Luxury Asset

    The 474-unit Pearl Biltmore will feature studios and one-, two- and three-bedroom floorplans, as well as several loft-style units. Construction is set to begin in 2018, with completion scheduled for 2019.

    08 November 2017 18:06
  • CDP Opens Affordable Phoenix Suburb Community

    El Rancho del Sol features 47 units and complements the adjacent El Rancho del Arte, a 66-unit property in Mesa, Ariz.

    08 November 2017 13:10
  • Baron Properties Buys Phoenix Community for $20M

    Since acquiring Capella Place in 2012 for less than half the price, Gelt has made several improvements, adding value to the 150-unit property.

    06 November 2017 17:28