Phoenix
Starwood REIT Snaps Up New Phoenix-Area Community
This is the second Scottsdale multifamily asset to trade for more than $90 million this week.
Phoenix-Area Community Sells for $37M
The buyer of the 153-unit, garden-style community financed the acquisition with a nearly $24 million Freddie Mac loan.
Greystar Buys Phoenix Community for $96M
The multifamily giant picked up a 412-unit property from IMT Capital in Scottsdale, Ariz.
JV Acquires Downtown Phoenix Property
Origin Investments and Randolph Street Realty Capital purchased Union @ Roosevelt, situated within a Qualified Opportunity Zone.
Capstone to Open New Arizona Student Housing Community
Set to be completed in fall 2020, the project will be located on ASU’s Polytechnic campus.
Phoenix Multifamily Report – Fall 2019
The metro’s sustained economic performance and demographic expansion continue to be reflected in its multifamily market.
Phoenix Property Commands $17M
The buyer received $11.2 million in acquisition financing from Bank of America for the 114-unit asset.
Phoenix-Area Community Changes Hands in $23M Deal
NorthMarq Capital arranged a $16.5 million loan from Freddie Mac on behalf of the buyer.
Newly Built Phoenix Community Scores $17M Refi
The 135-unit property came online last year and previously benefited from a $15.2 million construction loan funded by MidFirst Bank.
LivCor Pays $43M for Phoenix Asset
The buyer of the 240-unit property assumed the remaining balance of a $20 million financing package taken by the seller in mid-2016.