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$5M + Deals – Apartment complexes Tempe; Commercial at Arrowhead

Below are the deals that closed by Wednesday, May 4, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $56,700,000M
Buyer: Little Cottonwoods LL LLC c/o TruAmerica Multifamily LLC
Seller: BAZV FCC Co
Property Type: Apartment buildings
Property Size: 19.717 acres
Location: 1820 E Bell De Mar Drive, Little Cottonwoods, Tempe; 6901 S McClintock Dr., Tempe
APN: 301-49-629, 301-49-005S, 301-49-005Z
Financing: New loan, conventional. $17,325,000 Down
To view the affidavit, click here.

Price: $10,100,000M
Buyer: NLT Properties LLC
Seller: FPWL Bell and 75th LLC
Property Type: Commercial
Property Size: 3.234 acres
Location: Shops at Arrowhead Gateway 17560 & 17570 N. 75th Ave, Glendale
APN: 200-43-607, 200-43-608
Financing: New loan, conventional. $2,600,000 Down
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.