$5M + Deals – Apartments Chandler, Phoenix; Commercial Gilbert, Phoenix

Below are the deals that closed by Friday May 27, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $75,500,000M
Buyer: ROC III AZ Saratoga Ridge, LLC et all  
Seller: The Variable Annuity Life Insurance Company
Property Type: Apartment complex
Property Size: 38.366 acres
Location:  1450 E. Bell Road & 1460 E. Bell Road, Phoenix
APN:  214-14-304 – 305
Financing: New loan, conventional, $18,875,000 down
To view the affidavit 160363082, click here.

Price: $22,000,000M
Buyer: 868 S. Arizona Avenue LP  
Seller: Bellstone VI LLC
Property Type: Apartment complex
Property Size: 10.928 acres
Location:  868 South Arizona Avenue, Chandler  
APN:  303-62-044A
Financing: New loan, conventional, $5,500,000 down
To view the affidavit 160364410, click here.

Price: $6,299,000M
Buyer: Rezide CFT, LLC
Seller: Bethany Gardens, LLC
Property Type: Apartment complex
Property Size: 2.320  acres
Location:  1420 E Bethany Home Road, Phoenix  
APN:  161-10-008
Financing: Cash
To view the affidavit 160357488, click here.

Price: $6,000,000M
Buyer: GMW Enterprises Inc
Seller: Schuff Steel Company
Property Type: Steel fabricator
Property Size: 23.32  acres
Location:  619  North Cooper Road, Gilbert
APN:  302-15-003D, 302-15-003F
Financing: Not specified, $740,960 Down
To view the affidavit 160364136, click here.

Price: $5,975,000M
Buyer: Delta 1998 LLC
Seller: VWP Placeholder IV, LLC
Property Type: Commercial
Property Size: 4.426  acres; Lot sq: 192,797
Location:  9215 N. Black Canyon Hwy, Phoenix
APN:  149-12-001Q
Financing: New loan, conventional $3,550,000 Down
To view the affidavit 160365068, click here.

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Cameron’s $5M + deals of the day

Cameron Carter, Director of Rose Law Group’s Transactional Real Estate Department, thinks you need to know about these transactions in Maricopa County. Price: $27MBuyer:  Tides on 19th Partners, LLC

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May 2016