$5M+ Deals – Chandler, Avondale & Mesa apartments; Tempe commercial

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.

 

Share this!

Additional Articles

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.

News Categories
February 2016
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
29