Phoenix
Storm Properties Acquires Phoenix-Area Community
The previous owner invested $1.8 million in property upgrades.
Transwestern Starts Project in Tempe
The 333-unit mid-rise community will be part of the Novus Innovation Corridor adjacent to Arizona State University.
Tides Equities Closes $95M Phoenix Buy
Colliers International brokered the deal, which comprises three properties that will undergo $12 million in renovations.
Banyan Acquires 2 Phoenix SFR Assets for $54M
The recently completed properties comprise three- and four-bedroom luxury homes.
Five Doors Plus Buys Phoenix Asset
The new owner assumed an existing CMBS Freddie Mac loan.
Nuveen Acquires $116M Phoenix Community
The Rockefeller Group sold the 19-building property, which is near several major employers.
Clearwater Living Acquires $255M Senior Housing Portfolio
A collection of four Class A properties increases the company’s footprint in the Phoenix region.
Blue Vista JV Lands $30M Loan for Phoenix BTR Project
JLL arranged the construction loan for the 153-unit property through Old National Bank.
Avanti Residential, FCP Acquire Phoenix Asset for $65M
The partners plan to invest $4.6 million in capital improvements at the community, including interior unit upgrades.
Hamilton Zanze Expands in Arizona
The Phoenix asset is the company’s 25th acquisition in the state.