$5M + Deals – Apartment complexes Phoenix, Peoria

Below are the deals that closed by Wednesday May 11, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $93,912,000M
Buyer: SHLP Citrine LLC
Seller: JLB Camelback
Property Type: Apartment complex
Property Size: 4.712 acres
Location: 4900 N 44^th Street, Phoenix
APN: 171-34-301
Financing: New loan, conventional, $41,912,000 down
To view the affidavit, click here.

Price: $21,192,000M
Buyer: ICG LLC
Seller: ERGS III Arrowhead Owner LLC C/o Goldman Sachs Realty Management L.P.
Property Type: Apartment complex
Property Size: 10.319 acres
Location: 8820 West Bell Rd. Peoria
APN: 200-42-937, 200-42-011S
Financing: Other financing: FNMA, $6,542,000 Down
To view the affidavit, click here.

Price: $12,250,000M
Buyer: Cobblestone Partners, Phoenix, LP
Seller: Gran Victoria Housing, LLC
Property Type: Apartment complex
Property Size: 10.458 acres
Location: 15449 North 25^th Ave., Phoenix
APN: 208-14-001 Y5
Financing: New loan, conventional, $3,900,000 down
To view the affidavit, click here.

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May 11, 2016

$5M, apartment, Peoria, Phoenix

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