$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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