Below are the deals that closed Friday, January 29, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.
Price: $64.5M
Buyer: Standard Phoenix – Country Brook, LLC
Seller: BAZV FCC Country Brook, LLV
Property Type: Apartments, Country Brook Apartment Homes
Property Size: 24 acres, 396 units
Location: S of the SEC N Rural Rd & W Ray Rd in Chandler (4909 W Joshua Blvd)
APN: 301-67-960A, 301-67-969
Financing: $10.5M down on new conventional loan
To view the affidavit, click here.
Price: $33.75M
Buyer: CCW Rio Santa Fe, LLC; SVBVRIO Apartments, LLC; SVBVRIO Apartments II, LLC
Seller: PM Rio Santa Fe Avondale, LLC
Property Type: Apartments, Rio Santa Fe Apartments
Property Size: 14.6 acres, 336 units
Location: E of the SEC of N Dysart Rd & W McDowell Rd in Avondale (13015 W Rancho Santa Fe Blvd)
APN: 500-02-028
Financing: $8.438M down on new conventional loan
To view the affidavit, click here.
Price: $18M
Buyer: Silverstone Moreno, LLC
Seller: HZ Sorrento Apartments, LLC
Property Type: Apartments, Sorrento Apartments
Property Size: 8.8 acres, 226 units
Location: S of the SEC of S Dobson Rd & W 8th Ave in Mesa (901 S Dobson Rd)
APN: 134-27-302, 134-27-300A, 134-27-299, 134-27-301
Financing: $4.5M down on new conventional loan
To view the affidavit, click here.
Price: $8.58M+
Buyer: 1125 North Fairfax, LLC
Seller: WPC University TSC, LLC
Property Type: Commercial (Shopping and Service)
Property Size: 2.7 acres, 40,309 SF
Location: W of the SWC Loop 101 & E University Dr in Tempe (2077 E University Dr)
APN: 132-68-003C
Financing: $4.28M+ down on new loan
To view the affidavit, click here.
