Phoenix

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.

CWS Capital Partners Pays $36M for Phoenix Community

The 160-unit Azure Creek at Tatum Ranch in Cave Creek last traded in 2015 for $23.3 million.

Recently Built Uptown Phoenix Community Changes Hands for $61M

Weidner Investment Services purchased the building using a $39.7 million acquisition loan from MUFG Bank.

Wood Partners Opens Phoenix Property

The developer has finished construction of Alta North Center, a 229-unit community located close to downtown.

Phoenix-Area Property Sells for $76M

Institutional Property Advisors represented the seller and procured the buyer in the transaction.

City of Phoenix Breaks Ground on Affordable Housing Project

Monroe Gardens Apartments will replace an obsolete 38-unit public housing community in the city’s Sky Harbor submarket.