$5M+ Deals – Phoenix & Gilbert apartments; Phoenix & Scottsdale commercial

Below are the deals that closed Tuesday, December 6, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $77.5M
Buyer: Entities formed by CWS Capital Partners, LLC
Seller: Elan Desert Ridge, LLC, an entity formed by The Resmark Companies & Greystar
Property Type: Apartments, Elan at Desert Ridge
Property Size: 13.6 acres, 370 units
Location: NEC of N 56th St & E Deer Valley Rd in Phoenix (21155 N 56th St)
APN: 212-34-956, 212-34-957A, 212-34-958A
Financing: $27.52M down on new conventional loan
To view the affidavit, click here.

Price: $24.35M
Buyer: Fairfield Cambria, LLC
Seller: EQ Cambria, LLC
Property Type: Apartments, Cambria Luxury Apartments
Property Size: 174 units
Location: W of the NWC of N Gilbert Rd & W Guadalupe Rd in Gilbert (130 W Guadalupe Rd)
APN: 310-05-989A
Financing: $8.9M down on assumption of existing loan
To view the affidavit, click here.

Price: $14.9M
Buyer: Roosevelt Business Park Phoenix, LLC
Seller: DADO Partners, LP
Property Type: Commercial
Property Size: 0.13 acres 67,913 SF
Location: E of the SEC of N 75th Ave & I-10 in Phoenix (7150 W Roosevelt Ste 115)
APN: 102-41-600
Financing: Cash
To view the affidavit, click here.

Price: $8.5M
Buyer: Generations at Pinnacle Peak, LLC
Seller: United Insurance Company of Arizona
Property Type: Commercial
Property Size: 4 acres 67,397 SF
Location: E of the NEC of N Scottsdale Rd & E Pinnacle Peak Rd in Scottsdale (23733 N Scottsdale Rd)
APN: 212-05-182B
Financing: Cash
To view the affidavit, click here.

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

December 2015
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031