Phoenix
ABI Multifamily Brokers Phoenix Value-Add Sale
Patrick Burch and John Klocek represented both parties in the $4 million deal.
Top 5 Western Markets for Multifamily Transactions
We’ve identified the top western metros based on investment volume in the first four months of the year, according to Yardi Matrix data.
KeyBank Secures $25M for Phoenix-Area Affordable Asset
Robbie Lynn and Steve Sparks structured the acquisition and renovation financing for the 127-unit property in Chandler.
Phoenix Community Changes Hands for $13M
The buyer financed the purchase with a $9.5 million Freddie Mac loan from Prudential Financial.
Phoenix Portfolio Owners Score $186M Refinancing
JLL arranged the Freddie Mac loans on behalf of a partnership between Wealhouse Capital Management and Western Wealth Capital.
Greenlight Communities Lands $23M for Phoenix Project
JLL secured the funds for the developer and facilitated a joint venture equity partnership with Bridge Investment Group.
Optima JV Premieres 2nd Luxury Tower in Scottsdale
Part of the Optima Kierland Center, the community will feature 213 units upon completion in August.
Western Wealth Acquires Phoenix Community for $21M
As part of the deal, the company assumed a $9.8 million CMBS loan.
Greenlight Communities Completes 2 Phoenix Attainable Housing Properties
The developer financed the 478 units’ construction with two loans totaling more than $51 million.
Phoenix Multifamily Report – Spring 2020
Following a strong showing for both rent growth and transactions, the metro has ended the cycle on a high note.