May 4, 2024 11:41 pm
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Alliance to develop Broadstone Apartments

Credit: Business Real Estate Weekly

Arizona Business Exchange

Alliance Residential Co. plans to develop a 200-unit luxury apartment complex at the northeast corner of Third Avenue and Osborn Road in midtown Phoenix.

A joint venture formed by Alliance Residential paid $6M to buy the 2.4-acre site, which is now occupied by two buildings built in the late 1950’s. Portions of the currently vacant structures will remain and be incorporated into the design. Alliance Residential is developing the upscale apartment community in joint venture with Appian Capital LLC.

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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.