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$5M + Deals – Apartments complexes Glendale, Tempe, Phoenix

Below are the deals that closed by Friday May 13, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $31,050,000M
Buyer: P.B Bell Commercial Acquisitions, LLC
Seller: ERGS III Arrowhead Owner, LLC c/o Goldman Sachs Realty Management
Property Type: Apartment complex
Property Size: 12.477 acres
Location: 17600 N. 79th Ave, Glendale
APN: 200-43-010 D3
Financing: New loan, conventional, $10,850,000 down
To view the affidavit, click here.

Price: $25,130,000M
Buyer: Nines West LLC and Nines Tempe LLC, tenants in common
Seller: FAOF Lakefront LLC
Property Type: Apartment complex
Property Size: 8.677 acres
Location: 999 East Baseline Road, Tempe
APN: 301-98-390
Financing: New loan, conventional, $5,608,000 down
To view the affidavit, click here.

Price: $5,530,000M
Buyer: Alhambra Partners, L.P.
Seller: Piroz Amona
Property Type: Apartment buildings
Property Size: 6.725 acres
Location: 4540 – 4647 North 39th Ave, Phoenix
APN: 107-03-003W, 107-08-001G
Financing: New loan, conventional
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.