Multifamily news in Phoenix
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MG Properties Pays $145M for Phoenix Community
The 576-unit apartment building last changed hands three years ago for $85 million.
13 January 2021 20:03 -
Berkadia Brokers $60M Phoenix Multifamily Sale
Ric Holway, Mark Forrester and Dan Cheyne closed the deal, while Clay Akiwenzie secured $42 million in acquisition financing.
28 December 2020 16:35 -
Phoenix-Area Asset Trades for $43M
The Milestone Group financed the acquisition of The Pavilions at Arrowhead through Freddie Mac loan.
22 December 2020 19:00 -
Western Wealth Capital Pays $54M for Phoenix Asset
Tides Equities sold the 316-unit, 18-building community north of downtown, after purchasing it in 2019.
18 December 2020 13:50 -
CBRE Brokers $63M Suburban Phoenix Sale
Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch and Mark McFate assisted the seller of the 240-unit property.
17 December 2020 15:23 -
GTIS Partners Breaks Ground on Phoenix-Area OZ Community
The single-family rental development will bring 197 units to Cadence at Gateway, a master-planned community in Mesa, Ariz.
07 December 2020 12:58 -
ABI Multifamily Arranges $30M Sale of Phoenix Community
Alon Shnitzer, John Kobierowski, Rue Bax, Doug Lazovick and Eddie Chang worked on behalf of both the buyer and seller.
02 December 2020 14:31 -
Related Group Breaks Ground in Scottsdale
The firm’s first multifamily community in Arizona will offer 286 units in a variety of configurations.
25 November 2020 13:56 -
New Arizona Property Changes Hands for $91M
Developer Embrey Partners sold Riata, a 300-unit luxury multifamily community in the Phoenix area.
25 November 2020 12:47 -
Sunroad Enterprises Buys Phoenix Property for $84M
The new owner financed the acquisition of the 346-unit property in Chandler with a $73.3 million loan from Prime Finance Partners.
19 November 2020 13:29 -
S2 Capital Pays $55M for Suburban Phoenix Apartments
Benefit Street Partners originated a $47.2 million loan for the purchase of the 408-unit community.
12 November 2020 13:21 -
Top 5 Western Markets for Multifamily Deliveries
We’ve identified the top metros based on new deliveries year-to-date as a percentage of existing stock, according to Yardi Matrix data.
11 November 2020 13:45 -
Hines to Begin Phoenix Luxury Community
The firm closed on financing from the Alliance Bank of Arizona for the 325-unit development.
10 November 2020 13:46 -
Luxury Senior Community Opens in Suburban Phoenix
Ryan Cos., Cadence Living and Starwood Capital Group have completed Scottsdale, Ariz.'s Acoya Scottsdale at Troon.
02 November 2020 15:15 -
Kennedy Wilson Buys Portfolio for $198M
The purchase includes three garden-style properties in Colorado and Arizona totaling 880 units.
02 November 2020 13:59