Phoenix
MGPG Buys AZ Community for $101M
Lakeview at Superstition Springs comprises 44 buildings which overlook five lakes. The apartment community is undergoing a series of interior renovations.
ABI Facilitates Sale of AZ Community
The 46-unit community is situated near major employment centers, as well as several schools in Mesa, Ariz. ABI brokered the transaction on behalf of the buyer.
Tucson Asset Trades for $23M
Institutional Property Advisors arranged the sale of the 205-unit community, which received substantial upgrades from the previous owner and will undergo further improvements by the new owner.
29th Street Capital Nabs 10th Phoenix Asset
The company plans to significantly update and renovate the 25-building community following the sale’s close.
Western Wealth Capital Grabs AZ Property
Country Gables is a 139-unit community in Glendale and is the company’s 35th multifamily acquisition in the Greater Phoenix area.
Phoenix Asset Changes Hands for $40M
Mountain Park is located in Ahwatukee Foothills, offering residents job opportunities along the West Chandler employment corridor.
Lee & Associates Closes $7M Sale in Phoenix
Two apartment communities located in northern Phoenix traded among private investors. The properties comprise 44 units.
Phoenix Condo Project Site Trades for $1.6M
ABI Multifamily facilitated the land sale, which includes the planned development of a three-story, 16-unit luxury community called Aeries Townhomes.
Lee & Associates Brokers $21M Phoenix Transaction
Biltmore Pointe Apartments includes 101 units and was built in two phases in 1959 and 1972. The new owner intends to add value to the investment through a substantial renovation.
MORGAN Enters Phoenix Market with Luxury Asset
The 474-unit Pearl Biltmore will feature studios and one-, two- and three-bedroom floorplans, as well as several loft-style units. Construction is set to begin in 2018, with completion scheduled for 2019.