Commercial Real Estate
Sales Transactions 1. The Blackstone Group LP paid $311M for six apartment properties across metro Phoenix. Blackstone has bought more than $1B in Phoenix-area properties
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August 14, 2018 // 0 Comments
Sales Transactions 1. Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Velaire at Aspera, a 286-unit core multifamily asset in
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August 7, 2018 // 0 Comments
Sales Transactions 1. Tucson-based HSL Properties has purchased two local multifamily, garden-style properties, Casas Lindas Apartment Homes and Springhill Apartment Homes,
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July 31, 2018 // 0 Comments
Sales Transactions 1. Institutional Property Advisors, a division of Marcus & Millichap, closed the sale of Willow Creek, a 402-unit value-add multifamily asset in
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July 24, 2018 // 0 Comments
1. Cushman & Wakefield Senior Housing Capital Markets, acting as exclusive advisor to San Diego-based West Partners, has arranged the sale of the West Living Portfolio, a
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July 18, 2018 // 0 Comments
Sales Transactions 1. Phoenix-based Grand Canyon Education Inc. sold its Grand Canyon University for $853.1M. The sale of GCU was to a third company, the nonprofit Gazelle
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July 10, 2018 // 0 Comments
Sales Transactions 1. Marriott International, along with TLG Investment Partners and Concord Wilshire Capital are buying the 1,000-room Phoenix Sheraton Grand Hotel for
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July 3, 2018 // 0 Comments
Sales Transactions 1. Salt Lake City-based TM Equities Inc. paid $42M for the Sonoma Ridge Apartments, a 240-unit garden-style multifamily community at 8201 W. Beardsley Rd,
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June 26, 2018 // 0 Comments
Sales Transactions 1. CBRE announced today that the National Retail Partners-West (NRP-West) completed the sale of the 533KSF Westgate Entertainment District in Phoenix for
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June 19, 2018 // 0 Comments
Sales Transactions 1. Sunbelt Land Holdings LP was the successful bidder on just over 93 acres of land located South and West of the SW corner of 19th Ave. & Bell. 2. HFF
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June 12, 2018 // 0 Comments
Sales Transactions 1. CBRE has brokered the $75.1M sale of Galleria Palms, a 424-unit, garden-style multifamily community in Tempe, Arizona. Tyler Anderson, Sean Cunningham,
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June 5, 2018 // 0 Comments
Sales Transactions 1. Tides Equities LLC has paid $37.25M for the 376-unit Fairways at Cave Creek, with plans to invest about $7M to renovate the property. The company also
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May 29, 2018 // 0 Comments
Sales Transactions 1. Institutional Property Advisors, a division of Marcus & Millichap, announces the sale of Alta Steelyard Lofts, a core Class “A” mid-rise,
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May 22, 2018 // 0 Comments
Sales Transactions 1. Alta Vista Communities of Tucson, an affiliate of Aerie Development, sold Avilla I & Avilla II luxury communities in Tucson for $42.3M ($231,169 per
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May 15, 2018 // 0 Comments
Sales Transactions 1. The 40-story Chase Tower in downtown Phoenix recently was purchased by 201 North Central Avenue Property LLC, a joint venture between Wentworth Property
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May 9, 2018 // 0 Comments
Sales Transactions 1. The 740-room Arizona Biltmore resort has been sold for $403.4M. The purchaser was Blackstone Real Estate Advisors. 2. Winning bidder D.R. Horton Inc.
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May 1, 2018 // 0 Comments
Sales Transactions 1. Working on behalf of the Griffin Capital Essential Asset REIT, Griffin Capital Co. has acquired the McKesson Scottsdale Campus from Ryan Companies US
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April 24, 2018 // 0 Comments
Sales Transactions 1. CBRE announced the $31.15M sale of a 426-unit multifamily portfolio consisting of one- and two-bedroom casitas in 28 communities across the greater
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April 17, 2018 // 0 Comments
Sales Transactions 1. Greystone announced it has provided a $35.8M Fannie Mae DUS loan for the acquisition of Aldea at Estrella Falls in Goodyear. The transaction was
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April 10, 2018 // 0 Comments
Sales Transactions 1. Colliers International negotiated the sale of the Summerhill Place apartments in Glendale for $19.8M. The “HSK Team” of Bill Hahn, Trevor Koskovich
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April 3, 2018 // 0 Comments
Sales Transactions 1. CBRE negotiated the $54M sale of Tuscany Ridge, a 336-unit Class A multifamily community, in Peoria. Tyler Anderson, Sean Cunningham, Asher Gunter and
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March 27, 2018 // 0 Comments
Sales Transactions 1. Continental Realty Advisors partnered with GTIS Partners to acquire the 240-unit San Palmas at Mission Park apartment complex in Chandler for
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March 20, 2018 // 0 Comments
Sales Transactions 1. DiamondRock Hospitality Company announced that it has acquired the Kimpton Hotel Palomar, a lifestyle boutique hotel in downtown Phoenix. The purchase
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March 13, 2018 // 0 Comments
Sales Transactions 1. A 92.6KSF Class A office building in Scottsdale that serves as a PayPal operations center has sold for $30.5M. Rob Edwards and Tom Ethington with
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March 6, 2018 // 0 Comments
Sales Transactions 1. Cushman & Wakefield completed the sale of the Carlyle at South Mountain Townhomes & Apartments, located at 5151 E. Guadalupe Road and 5102
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February 27, 2018 // 0 Comments
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