$5M+ Deals – $103M in apartment deals; $19M in commercial deals

Below are the deals that closed Thursday, October 1, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $95.75M
Buyer: Pillar at Scottsdale Owner, LLC
Seller: Pillar at Scottsdale, LLC
Property Type: Apartments, Pillar at Scottsdale
Property Size: 28.5 acres, 539 units
Location: NWC of N Scottsdale Rd & E Bell Rd in Scottsdale – 17212 N Scottsdale Rd
APN: 215-09-007A
Financing: $38.3M down on FNMA loan

To view the affidavit, click here.

Price: $13.25M
Buyer: DOC-16838 East Palisades Boulevard MOBs, LLC
Seller: VJ Fountain Hills Medical Center, LLC
Property Type: Commercial
Property Size: 6.8 acres, 46,122 SF
Location: N Saguaro Blvd & E Palisades Blvd in Fountain Hills – 16838 E Palisades Blvd
APN: 176-06-001D
Financing: Cash

To view the affidavit, click here.

Price: $7.7M
Buyer: The Standard West, LLC
Seller: Sonoma Pointe, LLLP
Property Type: Apartments, Sonoma Point
Property Size: 4.4 acres, 130 units
Location: NWC of N 51st Ave & W Northern Ave in Glendale – 8080 N 51st Ave
APN: 158-06-022G
Financing: $2.695M down on new loan

To view the affidavit, click here.

Price: $5.754M
Buyer: Fiesta Plaza Tempe, LLC
Seller: BAMA Retail, LLC
Property Type: Commercial
Property Size: 3.6 acres, 32,501 SF
Location: NWC of S Rural Rd & E Elliot Rd in Tempe – 7520 S Rural Rd
APN: 301-47-459G
Financing: $2.014M down on new loan

To view the affidavit, click here.

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