$5M + Deals – Apartment complexes Tempe; Commercial at Arrowhead

Below are the deals that closed by Wednesday, May 4, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $56,700,000M
Buyer: Little Cottonwoods LL LLC c/o TruAmerica Multifamily LLC
Seller: BAZV FCC Co
Property Type: Apartment buildings
Property Size: 19.717 acres
Location: 1820 E Bell De Mar Drive, Little Cottonwoods, Tempe; 6901 S McClintock Dr., Tempe
APN: 301-49-629, 301-49-005S, 301-49-005Z
Financing: New loan, conventional. $17,325,000 Down
To view the affidavit, click here.

Price: $10,100,000M
Buyer: NLT Properties LLC
Seller: FPWL Bell and 75^th LLC
Property Type: Commercial
Property Size: 3.234 acres
Location: Shops at Arrowhead Gateway 17560 & 17570 N. 75^th Ave, Glendale
APN: 200-43-607, 200-43-608
Financing: New loan, conventional. $2,600,000 Down
To view the affidavit, click here.

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May 4, 2016

$5M, apartment, commercial, Glendale, Tempe

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