Phoenix
KB Investment Buys Central Phoenix Luxury Community
CBRE brokered the transaction on behalf of the seller.
Top 10 Multifamily Markets by Sales Volume in 2021
These cities accounted for nearly half of the annual investment activity, 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.