April 27, 2024 2:53 pm
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$5M+ Deals – $40.65M in Multifamily sales

Below are the deals that closed Wednesday June 10 and Thursday June 11, 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: $31M ($130,252/unit)
Buyer: Olen Properties Corp.
Seller: Bouwfonds Augusta Ranch LP (Fairfield Residential Inc.)
Property Type: Multifamily
Property Size: 238 units
Location: East of the SEC of E. Baseline Rd. and S. Ellsworth Rd. in Mesa (9335 E. Baseline Rd.)
APN: 312-10-931+
Financing: Cash

To view affidavit, click here.

Price: $9.65M ($43,080/unit)
Buyer: Brentwood Holding Company, LLC
Seller: Brentwood-Phoenix, LP
Property Type: Multifamily
Property Size: 224 units, 8 acres
Location: South of SWC of W. Cactus Rd. and I-17 in Phoenix (11821 N. 28th Dr.)
APN: 149-17-142B
Financing: $590,000 down on new conventional loan.

To view affidavit, click here.

 

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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.