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$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 44th 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 25th 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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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.