$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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