April 23, 2024 1:32 pm
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$5M+ Deals – Over $74M in two deals

Below are the deals that closed Thursday, May 21, 2015, in Maricopa County over $5 million according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these a transactions.
Price: $37,836,900
Buyer: Winterfell Madison (AZ) Owner LLC
Seller: Citation-Madison House, Ltd (Holiday Retirement entity)
Property Type: Retirement Community
Property Size: Approx. 9 acre
Location: NWC of Spanish Garden Dr and Countryside Dr in Sun City West (186226 Spanish Garden Dr.)
APN: 232-15-224
Financing: Conventional Loan

Price: $36,200,000 ($122,297/unit)
Buyer: Rock Canyon Investment LP
Seller: Pillar at Rock Canyon LLC
Property Type: Multifamily Residential
Property Size: 296 units
Location: North of NWC of Thunderbird and N. 83rd Ave. in Peoria (14300 N. 83rd Ave.)
APN: 200-61-989
Financing: Conventional Loan, $10,650,000 down payment

 

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.