Multifamily news in Phoenix
-
AZ Senior Community Receives $17M Freddie Mac Refi
Built in 2016, the Phoenix-area American Orchards community offers 38 assisted-living and 35 memory-care units in two separate buildings.
19 April 2018 14:35 -
On the Market: 5 Interesting Listings for the Week of 4/9
This week's listings include a mixed-use investment opportunity on Manhattan's Upper West Side and a newly renovated community in the Denver metropolitan area.
13 April 2018 13:30 -
Rohcs Management Completes First Phoenix Buy
The California-based company made its first acquisition in Glendale, Ariz., aiming to capitalize on the Phoenix MSA's growing workforce housing demand.
13 April 2018 12:23 -
Housing Trust Group Completes Phase 1 of AZ Luxury Property
Aviva, in the Phoenix suburb of Mesa, includes 166 units and features a 150-foot resort-style pool, electric car stations and yoga/spin studio. Phase two will be the addition of seven more buildings that will house the remaining 159 units.
12 April 2018 15:15 -
On the Market: 5 Interesting Listings for the Week of 4/2
This week's listings include a historic luxury community in Iowa and a property near Lake Michigan's southernmost point.
06 April 2018 14:26 -
ABI Multifamily Brokers Sale of 110-Unit AZ Asset
A partnership between MJW Investments and Tide Equities plans to rebrand the recently renovated Tempe property, which comprises a total of 97,890 rentable square feet.
05 April 2018 18:17 -
Greystone Earmarks $36M for AZ Apartments
Aldea at Estrella Falls, a 328-unit community in Goodyear, a suburb of Phoenix, includes grills, a fitness center and a heated pool.
05 April 2018 14:51 -
Kidder Mathews Hires New SVP in Phoenix
Karl Abert has more than 25 years of real estate experience. In his new role, he will be in charge of coordinating investment brokerage, banking and structured loans.
27 March 2018 06:55 -
On the Market: 5 Interesting Listings for the Week of 3/19
This week's listings include a qualified contract-eligible LIHTC community in Louisiana, a new luxury community in Boston and a beachside property in San Diego.
23 March 2018 14:10 -
ABI Brokers $8M Sale of Lender REO Asset in Phoenix
The buyer plans to invest $1 million in interior and exterior upgrades to improve the property, which is situated across the street from the 19th Avenue/Glendale light rail station.
19 March 2018 16:58 -
WWC Continues Phoenix Divestment Streak
The Canadian company acquired the asset in 2016. ROI from the current transaction is projected at approximately 18 percent over the 20-month term.
19 March 2018 16:06 -
High Street, MetLife Break Ground in Phoenix
The partnership will construct a five-story 190-unit community that will include a coffee bar, interactive lounge space and gaming area.
14 March 2018 16:31 -
Phoenix Community Sells for $15M
Weidner Apartment Homes sold the Murano Apartment Homes, located in the Arcadia neighborhood of Phoenix. Berkadia represented the firm in the transaction.
14 March 2018 16:07 -
Tempe Luxury Property Trades for $73M
Transwestern Development built the 290-unit Vela Apartments in partnership with a private investor. The developer obtained $34 million in construction financing from Bank of the Ozarks.
13 March 2018 15:11 -
On the Market: 5 Interesting Listings for the Week of 3/5
This week's multifamily listings include a portfolio in Denver's Glendale market and newly converted condominiums in Scottsdale, Ariz.
09 March 2018 18:29