Business Real Estate Weekly by Rose Law Group
Goodyear – A company formed by Ryan Thompson of Umbrella Properties Inc. in Coburg, Ore. paid $19.5 million ($93,750 per unit) to acquire the 208-unit Desert Sage Goodyear apartments located at 1737 N. Central Avenue. The seller was PM Desert Sage Goodyear LLC, a company formed by PEM Investments Real Estate Group in Scottsdale (Paul Mashni, principal). The sale was brokered through Ric Holway and Mark Forrester of Berkadia Real Estate Advisors in Phoenix. Continued
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