November 22, 2024 9:12 am
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$5M + Deals – Apartments Tempe, Mesa; Commercial properties Phoenix

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

Price: $69,500,000M
Buyer: Residences at Fountainhead, LLC
Seller: GRE Fountainhead Apartments, LLC
Property Type: Apartment complex
Property Size:  10.010 Acres
Location: 2520 S. Plaza Drive, Tempe
APN: 123-33-046
Financing: cash
To view the affidavit, 160460652, click here.

Price: $42,700,000M
Buyer: Capital Real Estate – Gateway on Gilbert, LLC & Gateway TIC I, LLC & Gateway TIC II, LLC
Seller: Woodcreek Apartments Gilbert, LLC
Property Type: Apartment complex
Property Size:  19.905 Acres
Location: 1710 S. Gilbert Rd., Mesa
APN: 139-09-002
Financing: new 2nd TD loan, $11,150,000 down
To view the affidavit, 160466399, click here.

Price: $29,250,000M
Buyer: East Thomas Road Phoenix Hotel, LLC c/o Hospitality Ventures, LLC
Seller: IA Urban Hotels Phoenix, LLC
Property Type: Commercial
Property Size:  1.421 Acres
Location: 10 E. Thomas, Road, Phoenix
APN: 118-35-108
Financing: $1,152,710 down
To view the affidavit, 160461688, 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.