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$5M+ Deals – $152k per unit for Phoenix Apartments, $30M+ in commercial sales

Below are the deal that closed Friday, August 14, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $52M
Buyer: EGW Shade Investment LP
Seller: I&G Desert Ridge, LLC
Property Type: Apartments, Shade at Desert Ridge
Property Size: 13.8 acres, 342 units
Location: Tatum Blvd & E Deer Valley Rd in Phoenix (21150 N Tatum Blvd)
APN: 212-38-001J
Financing: Cash

To view the affidavit, click here. For more information, click here.

 

Price: $22.04M
Buyer: CH Realty VII-WPC O Scottsdale Northsight, LLC
Seller: JDA Software Group, Inc.
Property Type: Commercial
Property Size:  8 acres, 342 units
Location: N 87th St & E Raintree Dr in Scottsdale (14400 N 87th St)
APN: 215-53-036, 215-53-037
Financing: Cash

To view the affidavit, click here.

 

Price: $8.882M
Buyer: Scottlin, LLC
Seller: Rancho/Hayden, LLC
Property Type: Commercial
Property Size:  2.5 acres, 342 units
Location: N Hayden Rd & N of E Via de Ventura in Scottsdale (8320 N Hayden Rd)
APN: 174-04-004P
Financing: #2.882M down on new conventional loan

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.