$5M+ Deals – $96M for Scottsdale condos; $16M in Phoenix commercial

Below are the deals that closed Thursday, October 8, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $9.6M
Buyer: BKM Cotton Center 106, LLC
Seller: CLPF-Cotton Center, LP
Property Type: Commercial, Koll Cotton Center – Bldg 7
Property Size: 17.8 acres, 225,032 SF
Location: S 40^th St & S of E Broadway Rd Phoenix – 4050 E Cotton Center Blvd
APN: 123-06-028
Financing: $460k down on new conventional loan

To view the affidavit, click here.

Price: $9.6M
Buyer: Rancho/Hayden, LLC
Seller: DSRM, LLC
Property Type: Apartments, Villa Contento Condominiums
Property Size: 4.3 acres, 38 units
Location: SWC of E McDowell Rd & 85^th Pl in Scottsdale – 8520 E Loma Land Dr
APN: 131-07-484 through 131-07-525, 42 total parcels
Financing: $3.5M down on new conventional loan

To view the affidavit, click here.

Price: $6.75M
Buyer: Star Commercial Properties, LLC
Seller: The Norman Family Limited Partnership, Yona Investment Group, LLC, The Anavim Family Trust
Property Type: Commercial
Property Size: 7.3 acres, 83,129 SF
Location: NWC of N 67^th Ave & W Indian School Rd in Phoenix – 6740 W Indian School Rd
APN: 144-40-471D
Financing: $1.65M down on new conventional loan

To view the affidavit, click here.

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October 9, 2015

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