Phoenix

Investcorp Expands With $420M in Acquisitions

The global investment manager purchased five communities in Arizona, Georgia and Texas.

Phoenix Airport-Area Community Trades for $17M

The buyer financed the 237-unit acquisition with a $16.8 million loan from Keystone Bridge Capital.

Sunroad Enterprises Closes $125M Phoenix Buy

The rebranded community traded with the assistance of a LoanCore Capital acquisition financing.

Element Residential Buys 1,020-Bed Student Housing Community in Tucson

The property is approximately 4.5 miles east from the University of Arizona.

Suburban Phoenix Property Changes Hands for $72M

Avanti Residential sold the 264-unit community in Goodyear, Ariz., after three and a half years of ownership.

Tower 16 Sells Phoenix Community for $30M

The buyer will continue capital improvements at the 214-unit asset, following nearly $2 million invested under the previous owner.

Visiquest Properties Lands Financing for Phoenix-Area Development

Paragon Mortgage Corp. arranged the HUD loan for the 96-unit project in Glendale, Ariz.

Rise48 Buys 166-Unit Phoenix Community

The company plans to invest more than $250 million in apartment acquisitions this year.

MG Properties Group Expands Phoenix Portfolio With $75M Purchase

The 223-unit property is the company’s 11th multifamily acquisition in Arizona.

Top 5 Sun Belt Markets for Self Storage Transactions

Sales volume in the region has jumped more than 40 percent this year, Yardi Matrix data shows.