Phoenix

Taurus Investment Holdings Buys Phoenix Community

The 136-unit property marks the company’s fourth acquisition in the metro over the last 12 months.

Top 5 Multifamily Markets for Rent Growth

Here’s a breakdown of the best-performing multifamily markets ranked by year-over-year rent growth through June 2021.

East Phoenix Community Changes Hands for $34M

The property last traded less than three years ago, for $21 million.

Phoenix Asset Changes Hands for $45M

Bridge Investment Group funded the acquisition of the 136-unit Glendale property.

Evergreen Development Sells Phoenix Asset for $89M

Institutional Property Advisors represented the seller of the 275-unit property.

North Central Phoenix Value-Add Commands $32M

Pacific Reach Properties sold the garden-style community after 7 years of ownership.

Transwestern, Knightvest Sell Phoenix-Area Community

The partnership renovated common areas and half the units at the Glendale property.

KKR Expands Phoenix Footprint With High-End Purchase

The deal brings the company’s portfolio in the metro area to more than 2,600 units.

Oxford Properties Acquires Phoenix-Area Community

The 285-unit property in Scottsdale marks the firm’s second purchase in the metro this year.

Phoenix. Image by 4kodiak/iStockphoto.com

Phoenix Multifamily Report – Summer 2021

The metro’s average rent was up 8.1 percent year-over-year through April.