Phoenix
Western Wealth Capital Grows AZ Portfolio with $23M Purchase
The investment company financed the acquisition of the 198-unit Artisan Park in Glendale with a $15.1 million Fannie Mae loan.
Wood Partners Breaks Ground on 300-Unit Phoenix Project
Slated to open in the second quarter of 2020, the developer’s Alta Warehouse District community is one of the first multifamily projects in the revitalized downtown neighborhood.
Starlight Adds $80M Arizona Community to Portfolio
The investment firm’s U.S. multifamily vehicle acquired the 282-unit luxury property in the city of Scottsdale from Sunridge Apartments, adding to its network of recently completed assets in Southern metro areas.
Tides Equities Buys AZ Property for $40M
Berkadia arranged the sale of the 488-unit garden-style community located in Phoenix, approximately 10 miles from downtown. The brokerage firm represented the seller in the transaction.
Western Wealth Capital Sells Phoenix-Area Property
The 153-unit Verde Dimora traded for $27 million, or roughly $177,000 per unit. A team from IPA represented the seller and procured the buyer.
Goodman Real Estate Expands in Phoenix With 216-Unit Acquisition
The 24-building community located within an Opportunity Zone came online in 1984. Institutional Property Advisors represented the joint venture seller and procured the buyer.
2 Phoenix-Area Developments Secure $54M Financing
PCCP LLC provided the two senior loans that will be used to construct IDM Estrella Parkway in Goodyear, and IDM Cooley Station in Gilbert, Ariz.
Western Wealth Capital Acquires Phoenix Community
HFF arranged a $21 million loan on behalf of the buyer to purchase Serafina at South Mountain Apartments, a 183-unit property that was 99 percent leased at the time of sale.
IPA Brokers $30M Phoenix-Area Transaction
Senior Managing Directors Cliff David and Steve Gebing worked on behalf of both parties involved in the sale of a 265-unit community in Mesa.
Phoenix Value-Add Asset Commands $9M
Urban Communities is the new owner of Puesta Del Sol, a 128-unit property situated in the city’s South Mountain Village, near the future light rail extension.