Phoenix
Suburban Phoenix Apartments Sell for $27M
Citibank provided the buyer of the 144-unit Class A multifamily asset with nearly $19 million in acquisition financing.
NorthRock JV Acquires Phoenix Community for $55M
Berkadia provided the buyer of the 376-unit multifamily asset with a $39 million, 10-year Fannie Mae acquisition loan.
Bascom Arizona Ventures Buys Phoenix Class A Community
The company paid more than $11 million for the 37-unit asset, with Comerica Bank providing acquisition financing.
Triumph Properties Closes First Deal in Phoenix
The Beverly Hills-based firm acquired a 308-unit multifamily property on the city’s north side.
Equity Residential Sells Phoenix Community for $31M
The buyer financed the acquisition with a $19.6 million Freddie Mac loan secured by Newmark Knight Frank.
Sparrow Partners Breaks Ground on Senior Living Project
The 193-unit development will be the first active adult community in Surprise, Ariz.
Bluerock Purchases Luxury Phoenix Community
The 254-unit upscale property last traded in 2017 for more than $40 million.
Harbor Group Acquires Arizona Community for $66M
The new owner will invest $418,000 for improvements to the common areas and installing Nest thermostats at the Scottsdale property.
Phoenix Asset Trades for $58M
PrivatePortfolio Group purchased the newly built Circa Central Avenue with acquisition financing originated by Nationwide Life Insurance Co.
Sares Regis Expands Arizona Portfolio
The company acquired its latest property in Phoenix as part of its Fund III that targets communities in the West.