Phoenix
Investment Trust Buys Phoenix-Area Self Storage
The Strategic Storage Trust VI portfolio now totals four properties.
Top Western Markets for Rent Growth
Here’s a breakdown of the best-performing Western multifamily markets ranked by year-over-year rent growth through June 2021.
JV Pays $33M for Phoenix-Area Asset
The new owner plans to rebrand and update the 208-unit garden-style community in Glendale, Ariz.
Top 5 Markets for Transaction Activity in 2021
According to Yardi Matrix data, multifamily deals in the top five markets exceeded $18.5 billion in the first half of the year.
Acacia Capital Acquires Phoenix Community for $96M
CBRE represented the seller in its disposition of the 272-unit property.
APRA Capital Lands $35M for North Phoenix Community
The 110-unit community last changed hands in 2020, for $19 million.
Top 5 Markets for Self Storage Transactions
Investment volume across the country has increased 88 percent this year, Yardi Matrix data shows.
Scottsdale Apartments Command $105M
ABI Multifamily represented both parties in the transaction for the 330-unit community.
Rise48 Equity Expands Phoenix Footprint
The company paid nearly $74 million for two multifamily properties located between 6 and 8 miles from the city’s downtown.
Phoenix Affordable Project Lands $29M Freddie Mac Loan
Trinity Housing Development and nonprofit Housing for Hope Arizona Inc. will use the financing to build a 297-unit community.