$5M + Deals – LA Fitness in Glendale; Biltmore apartments

Below are the deals that closed by Tuesday July 26, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $12,500,000M
Buyer: Deerwood Acquisitions Washington, LLC c/o ACP Management
Seller: BLA & LA, LLC
Property Type: Commercial
Property Size: 3.556 acres
Location: LA Fitness – 5536 W. Bell Road, Glendale
APN: 200-49-010B, 200-49-010P
Financing: new loan, conventional $4,500,000 down
To view the affidavit, 160522481, click here.

Price: $6,045,000M
Buyer: Novella at Biltmore, LLC
Seller: Hewson 75^th St., LLC
Property Type: Apartments
Property Size: 4.716 acres
Location: SEC 18^th St, and E. Missouri Ave., Phoenix
APN: 164-54-016B, 164-54-016A, 164-54-012A, 164-54-014
Financing: cash
To view the affidavit, 160522481, click here.

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July 26, 2016

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