Multifamily news in Phoenix

  • 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
  • JV Invests $148M in 2 Luxury AZ Assets

    Bascom Arizona Ventures and Pacific Life Insurance Co. acquired Legend at Kierland and Tradition at Kierland, totaling 724 units. Quadrant Real Estate Advisors provided debt financing arranged by CBRE.

    02 November 2017 15:38
  • Work Underway on CA Ventures’ Phoenix Community

    The first of three phases of The LINK PHX is a 30-story mixed-use structure that will feature 257 apartments and 7,000 square feet of retail space, half of which will be reserved for start-ups, not-for-profit enterprises and artists.

    27 October 2017 14:32
  • New Phoenix Community Changes Hands for $59M

    The sale of Alta Fillmore, a 230-unit apartment community is expected to close in late November. Pure Multi-Family plans to fund the purchase with cash on hand and debt financing.

    27 October 2017 09:23
  • 2 Phoenix Assets Trade Hands for $7M

    CBRE brokered separate deals for The Markley in east Phoenix, which includes 27 units, and Twin Palms near downtown Phoenix, which includes 20 units.

    24 October 2017 15:23
  • HTG Debuts Luxury AZ Community

    Aviva, located in the Phoenix suburb of Mesa, Ariz., will feature 325 one-, two- and three-bedroom units. The $63 million project will welcome its first residents in January 2018, and Mark-Taylor will handle leasing.

    19 October 2017 15:58
  • PB Bell Begins Construction on AZ Senior Housing

    In partnership with Cadence Senior Living, the company is developing Inspira Arrowhead, a 165-unit senior housing community in Glendale, Ariz., that will feature both independent living and memory care apartments.

    18 October 2017 15:48