December 31, 2024 7:35 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Canadian investor enters market with $36.2M purchase of Peoria apartments

Peoria apartments

Peoria apartmentsBy Business Real Estate Weekly

Rock Canyon Investment LP in Vancouver, B.C., Canada (Alfonso Ergas, principal) paid $36.2 million ($122,297 per unit) to purchase the 296-unitPillar at Rock Canyon apartments located at 14300 N. 83rd Avenue in Peoria.

The seller was Pillar at Rock Canyon LLC, a company formed by Pillar Communities LLC in Seattle, Wa. (Jim Almon, principal).

The deal was brokered by Tyler Anderson, Sean Cummings, Asher Gunter and Matt Pesch of CBRE in Phoenix. Maricopa County records show the buyer acquired the property with a $25.55 million Fannie Mae loan issued through CBRE Multifamily Capital Inc.

Continued:

 

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.