Phoenix
Roscoe Property Management Merges with Arizona Firm
The third-largest apartment manager in Texas is adding 1,750 units to its portfolio through the transaction with Maverick Residential.
Cortland Acquires Phoenix Community for $117M
StreetLights Residential and Nexpoint Advisors sold the 253-unit asset, with CBRE representing the seller.
Bridge Investment Sells Phoenix Apartments for $118M
The new owner received a 10-year, $79.3 million Freddie Mac acquisition loan from Prudential Financial.
Berkadia Facilitates $35M Phoenix Sale
Ric Holway, Mark Forrester and Dan Cheyne represented the seller of the 138-unit property completed in 2018.
Cortland Acquires Arizona Community for $97M
Institutional Property Advisors brokered the sale of the 415-unit MetroPointe in Tempe.
Gilbane Completes 4 Student Housing Projects
The company has delivered more than 3,000 beds across developments located in Maryland, Oregon, Georgia and Arizona.
Optima Opens Luxury Rental Tower in Arizona
The 213-unit building forms part of the $500 million Optima Kierland Apartments development in Scottsdale.
Benedict Canyon Sells Phoenix-Area Property for $15M
NorthMarq provided Freddie Mac financing for the acquisition of the 116-unit Glendale community.
JV Buys Phoenix-Area Community for $77M
FCP and Tides Equities purchased the 515-unit property a few miles from downtown Tempe.
Phoenix Multifamily Report – Summer 2020
While the market did not remain unscathed, the metro’s rental segment fared relatively well since the pandemic hit.