Phoenix

Security Properties Buys $28M Tempe Property

The company purchased The Rev Apartments, marking its eighth acquisition in the Phoenix area.

Partially Affordable Community Trades in Phoenix

In a deal orchestrated by Institutional Property Advisors, ReNUE Properties acquired Legacy Bungalows in Phoenix for 26.1 million.

Fore Property Sells Phoenix-Area Asset for $79M

The buyer financed the acquisition with a $62.2 million loan from TPG Capital. The 344-unit Summerly at Zanjero is LEED Silver certified.

Phoenix-Area Property Trades for $16M

ReNue Properties sold Sonoma Heights, a 96-unit value-add community located in Mesa, Ariz.

Phoenix Community Changes Hands for $56M

An affiliate of the ConAm Group bought the 297-unit property neighboring the Phoenix Sky Harbor International Airport.

Tides Equities Extends Phoenix Shopping Spree

The investment firm picked up The Edge, a 380-unit community, from Baron Properties for $57.3 million.

Wood Partners Trades Phoenix Community for $64M

The transaction comes on the heels of the developer’s sale of another asset in the metro for $72 million.

IPA Represents Wood Partners in $72M Phoenix Deal

The sale of the 273-unit Class A community, completed in 2018, is the developer’s second disposition in the metro this year.

Tides Equities Makes $25M Value-Add Move in Phoenix

The new owner plans to invest $5 million in capital improvements to the 240-unit Class C multifamily asset.

Berkadia Arranges Sale of Tempe Community

Former owner Sares-Regis Group originally acquired the 144-unit Salado Springs property for $20.2 million in an all-cash transaction in 2016.