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$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 67th 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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© 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.