Multifamily news in Phoenix
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ABI Multifamily Brokers Phoenix Value-Add Sale
Patrick Burch and John Klocek represented both parties in the $4 million deal.
18 June 2020 09:20 -
Top 5 Western Markets for Multifamily Transactions
We’ve identified the top western metros based on investment volume in the first four months of the year, according to Yardi Matrix data.
15 June 2020 20:38 -
KeyBank Secures $25M for Phoenix-Area Affordable Asset
Robbie Lynn and Steve Sparks structured the acquisition and renovation financing for the 127-unit property in Chandler.
12 June 2020 11:06 -
Phoenix Community Changes Hands for $13M
The buyer financed the purchase with a $9.5 million Freddie Mac loan from Prudential Financial.
11 June 2020 20:10 -
Phoenix Portfolio Owners Score $186M Refinancing
JLL arranged the Freddie Mac loans on behalf of a partnership between Wealhouse Capital Management and Western Wealth Capital.
10 June 2020 14:00 -
Greenlight Communities Lands $23M for Phoenix Project
JLL secured the funds for the developer and facilitated a joint venture equity partnership with Bridge Investment Group.
10 June 2020 12:39 -
Optima JV Premieres 2nd Luxury Tower in Scottsdale
Part of the Optima Kierland Center, the community will feature 213 units upon completion in August.
08 June 2020 13:40 -
Western Wealth Acquires Phoenix Community for $21M
As part of the deal, the company assumed a $9.8 million CMBS loan.
26 May 2020 13:10 -
Greenlight Communities Completes 2 Phoenix Attainable Housing Properties
The developer financed the 478 units’ construction with two loans totaling more than $51 million.
22 May 2020 15:10 -
Phoenix Multifamily Report – Spring 2020
Following a strong showing for both rent growth and transactions, the metro has ended the cycle on a high note.
22 May 2020 12:30 -
Hines JV Develops Phoenix Luxury Community
The 325-unit project will be part of a larger mixed-use shopping center developed by Pederson Group.
27 March 2020 14:00 -
Banyan Residential Breaks Ground on Scottsdale OZ Project
Upon completion, Scottsdale Entrada will be one of the largest mixed-use developments in the Phoenix area.
20 March 2020 13:29 -
FirstService to Manage Phoenix-Area Condo Property
Safari Drive came online in 2008 and consists of five buildings, with a mix of one- to three-bedroom units.
18 March 2020 12:46 -
IDM Cos. Lands $49M for Phoenix Development
The developer plans to soon begin work on the 458-unit community within the 1,200-acre Algodon Center.
12 March 2020 16:25 -
Bridge Investment Group Closes $50M Acquisition in Phoenix
The company used a $33.7 million Freddie Mac loan to purchase Country Club Verandas, a 348-unit community in Mesa, Ariz.
03 March 2020 17:57