November 5, 2024 12:36 pm
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

RECAP spends $27.2 million for 248-unit Crestone at Shadow Mountain apartment complex in Phoenix

Crestone at Shadow Mountain

Business Real Estate Weekly by Rose Law Group

Crestone at Shadow MountainPhoenix – A limited partnership formed by Real Estate Capital Partners (RECAP) in New York City, N.Y. (Karin Shewer, partner/ managing director) paid $27.2 million ($109,677 per unit) to purchase the 248-unit Crestone at Shadow Mountain apartments at 3033 E. Thunderbird Road in Phoenix. The seller was Crestone Apartments Investors LLC, a company formed by P.B. Bell Cos. in Scottsdale (Phil Bell, Chapin Bell, principals). The deal was negotiated by Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of CBRE in Phoenix. RECAP is a privately-held real estate investment advisor which has $6.7+ billion of assets under its management. Continued

View Larger Map

As reported in:

DM BREW RLG logo

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 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.