$5M+ Deals – $47M Chandler apartments; $15M Peoria commercial

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

Price: $47.5M
Buyer: Trevi Fee Owner, LLC
Seller: Villa Pallavicini Apartments, LLC
Property Type: Apartments, Trevi
Property Size: 17 acres, 290 units
Location: S Ellis Rd & W Frye Rd in Chandler – 635 S Ellis St
APN: 303-24-219
Financing: $13.3M down on new conventional loan

To view the affidavit, click here.

Price: $15.5M
Buyer: MPG PHX – Thunderbird, LLC
Seller: TBIRD Commons, LP
Property Type: Commercial, Thunderbird Commons
Property Size: 9 acres, 56,145 SF
Location: N 67^th Ave & W Thunderbird Rd in Peoria – 6750-6790 W Thunderbird Rd
APN: 200-69-110, 200-69-111, 200-69-112, 200-69-113, 200-69-114, 200-69-115, 200-69-119, 200-69-120, 200-69-121
Financing: $2.375M down on new conventional loan

To view the affidavit, click here.

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October 15, 2015

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