$5M+ Deals – N Scottsdale apartments go for $68M

Below is the deal that closed Thursday, March 31, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $68M
Buyer: IMT Capital III Desert Ridge, LLC
Seller: AG-Slavin Villa Salerno Owner, LLC
Property Type: Apartments, Salerno
Property Size: 17.7 acres, 412 units
Location: NEC Tatum Blvd & E Bell Rd in Scottsdale (17030 N 49^th St)
APN: 215-11-723, 215-11-212C
Financing: $19.337M down on new conventional loan
To view the affidavit, click here.

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April 1, 2016

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