Phoenix

Top 10 Multifamily Markets by Sale Volume in 2021

These cities accounted for 46 percent of the annual investment volume, according to Yardi Matrix data.

Phoenix-Area Community Commands $96M

Institutional Property Advisors represented the seller and procured the buyer.

Phoenix-Area Community Sells for $75M

CBRE assisted the buyer of the 240-unit property.

SmartStop REIT Buys 590-Unit Phoenix Storage Facility

The sale marks the investor's fourth acquisition in the market.

Scottsdale Community Commands $260M Record Price

JLB Partners' sale of The Moderne marks the largest single-asset multifamily sale in Arizona history.

Wealhouse Capital Secures $373M Refi

JLL Capital Markets arranged the loan for the 10-property portfolio totaling 2,500 apartments.

Liv Communities Pockets $145M for Scottsdale Property

Heitman Capital Management provided $87.3 million in acquisition financing.

Crown Realty Secures $147M Loan for Phoenix High-Rise

CIM Group closed the financing for the 379-unit tower downtown.

Kennedy Wilson Buys Portfolio for $418M

The firm intends to invest $19 million through a value-add asset management plan.

Decron Increases Phoenix Footprint With $128M Buy

Tamarron is the company's eighth property in the metro but its first in the thriving West Valley area.

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