November 21, 2024 3:26 pm
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$5M+ Deals – $79M for PV apartments

Below is the deal that closed Monday, December 28, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $79M
Buyer: Third Avenue Investments, LLC
Seller: Broadstone Lincoln, LLC (Alliance Residential Company & Prudential Real Estate Investors)
Property Type: Apartments, Broadstone Lincoln
Property Size: 7.5 acres, 358,140 SF
Location: NWC E Lincoln Dr & N Scottsdale Rd in Paradise Valley (7100 E Lincoln Dr)
APN: 174-57-005
Financing: Cash
To view the affidavit, click here.

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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.