$5M+ Deals – $152k per unit for Phoenix Apartments, $30M+ in commercial sales

Below are the deal that closed Friday, August 14, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $52M
Buyer: EGW Shade Investment LP
Seller: I&G Desert Ridge, LLC
Property Type: Apartments, Shade at Desert Ridge
Property Size: 13.8 acres, 342 units
Location: Tatum Blvd & E Deer Valley Rd in Phoenix (21150 N Tatum Blvd)
APN: 212-38-001J
Financing: Cash

To view the affidavit, click here. For more information, click here.

Price: $22.04M
Buyer: CH Realty VII-WPC O Scottsdale Northsight, LLC
Seller: JDA Software Group, Inc.
Property Type: Commercial
Property Size: 8 acres, 342 units
Location: N 87^th St & E Raintree Dr in Scottsdale (14400 N 87^th St)
APN: 215-53-036, 215-53-037
Financing: Cash

To view the affidavit, click here.

Price: $8.882M
Buyer: Scottlin, LLC
Seller: Rancho/Hayden, LLC
Property Type: Commercial
Property Size: 2.5 acres, 342 units
Location: N Hayden Rd & N of E Via de Ventura in Scottsdale (8320 N Hayden Rd)
APN: 174-04-004P
Financing: #2.882M down on new conventional loan

To view the affidavit, click here.

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August 17, 2015

Housing, Multi-Family, Office Buildings, real estate

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