$5M+ Deals – $47M for Chandler Multifamily

Below are the deals that closed Thursday, March 17, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $47,000,000
Buyer: Fairways Evergreen SPE, LLC
Seller: BAZC FCC Fairways, LLC
Property Type: Multifamily
Property Size: 17.69 ac., 352 units
Location: E. of the SEC of N. Alma School Rd and W. Chandler Blvd. (777 W. Chandler Blvd)
APN: 303-22-095J, 095L, 095K, 095N
Financing: $14.1M down on new loan
To view the affidavit, click here.

Price: $5,025,000
Buyer: The Vibe, LP (Toronto, ON, Canada)
Seller: 2735 East Thomas Road, LP (Richmond, BC, Canada)
Property Type: Multifamily
Property Size: 2.26 ac.
Location: SWC of E. Thomas Rd. and N 28^th St. in Phoenix (2735 E. Thomas Rd.)
APN: 120-34-010A
Financing: $1,255,000 down on new loan
To view the affidavit, click here.

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March 18, 2016

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