Phoenix

Phoenix Senior Housing Asset Trades for $27M

Chicago Pacific Founders acquired the 101-unit community, which offers three different levels of care and is located near several health-care providers.

Boston Capital Sells Phoenix Asset for $65M

KeyBank provided Eaton Vance Investment Managers with a $45.8 million Fannie Mae loan for the acquisition of Aventura in Avondale, a 17-building gated community.

Optima Kierland: An Oasis in Arizona’s Desert

Optima President David Hovey Jr. presents the pilot project of Phoenix’s newly adopted International Green Construction Code. The four-tower development is underway in Scottsdale.

Redwood Capital Enters Phoenix with $118M Buy

The Chicago-based company made its first foray in the market by acquiring a 365-unit luxury community located in Scottsdale, Ariz.

Tides Equities Buys Phoenix Community for $57M

The real estate investment firm added a 436-unit community to its rapidly growing portfolio in the city. NorthMarq arranged the deal, including a $49.1 million bridge loan.

Phoenix Apartments Command $69M

CBRE Capital Markets provided Lurin Capital with a $43 million acquisition loan for the purchase of the 283-unit luxury community.

Phoenix-Area Community Changes Hands for $19M

Real estate private equity firm WhiteHaven Capital acquired Ridgepoint Apartments, a 164-unit property in Glendale, Ariz. The six-building asset was built in 1986.

Phoenix Community Changes Hands for $57M

InterCapital Partners picked up the 561-unit multifamily property from value-add specialist 3rd Ave Investments, which bought the asset back in 2016.

HCW to Break Ground on Phoenix-Area Condo Project

UMB Bank provided financing for Valerio at Ocotillo, a lakeside development which is set to bring 32 luxury townhomes to Chandler, Ariz.

The Praedium Group Acquires Phoenix-Area Property for $74M

Completed last year, the 306-unit Town Commons is located within the Gilbert Town Square mixed-use shopping center and is within walking distance of several retail and entertainment options.