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Cantera Apartment Homes in Chandler Commands a $46 Million Sale Price

Phoenix, AZ  – CBRE has completed the sale of Cantera, a 288-unit multifamily community located at 2475 W. Pecos Rd in Chandler, Arizona. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office handled the transaction. The seller was Rockwood Capital and the buyer was Aukum Management. The property commanded a sale

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Buyer Bullish on Phoenix Pays $17 Million for Amber Gardens in Tempe

Phoenix, AZ– SVN Advisors, Chip Kloppenburg and Carrick Sears, both CCIM’s have recently closed on the $17 million ($103,658 per unit) sale of Amber Gardens in downtown Tempe.  The multifamily investments are currently in high demand and with the local rental market rents increasing by 8.2% over the last year the vacancy rates are decreasing

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