TUCSON, ARIZONA (June 19, 2026) — Two Tucson assisted living properties sold on the same day in separate transactions to different buyers for a combined $56,999,900.

Broadway Proper Assisted Living Community, a 232-bed assisted- and independent-living facility at 400 S. Broadway Place, sold for $52 million ($224,137 per unit). The buyer was Tucson PropCo 1 LLC, an affiliate of PropCo Holding LLC of Irvine, California. The seller was Stellar Broadway Proper LLC, c/o Harrison Street Real Estate Capital of Chicago.

Broadway Proper was built in 1998 on 6.5 acres in Tucson’s east submarket. The 389,728-square-foot property includes three three-story buildings with studio, one-bedroom, and two-bedroom units. The community offers assisted living, independent living, and retirement care services, with amenities including dining areas, a fitness room, a clubhouse, outdoor areas, housekeeping, transportation, resident programming, laundry service, an arts and crafts center, a game room, a movie or theater room, a pool, and a Jacuzzi.

Everett Benton represented the seller in the Broadway Proper transaction.

In a separate transaction that also closed May 18, Copper Canyon Assisted Living and Memory Care, a 41-unit licensed assisted living facility at 5901 N. La Cholla Blvd., sold for $4,999,900 ($121,948 per unit). The buyer was Tucson Mountain Holding LLC, c/o Pennant Services of Eagle, Idaho. Andrew Rider is the manager of the buying entity. The seller was 5901 La Cholla LLC of New York.

Copper Canyon was built in 2012 on 3.51 acres in northwest Tucson. The 32,173-square-foot property includes private suites, shared companion suites, semi-private suites, a beauty and barber shop, and a courtyard.

Together, the sales reflect continued investor interest in Tucson’s senior housing and assisted living market, with activity spanning both the east and northwest sides of the metro area.

Sources: RED Comp #12511 and #12507.

TUCSON, ARIZONA  (June 17, 2026) — EAW-451, LLC purchased a 19,464-square-foot industrial building at 451 N. Bonita Ave. in Tucson from Brickyard Investments Limited Partnership, LLLP for $2,790,000.

The property, formerly occupied by Treasure Chest Books, is located west of Interstate 10 near downtown Tucson in the Rio Nuevo North area. The masonry industrial building was constructed in 1999 on approximately 2.93 acres and sold for approximately $143.34 per square foot.

Property features include average building condition, three grade-level roll-up doors, and 1,200-amp, three-phase power. The sale closed on May 6, 2026.

Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR represented the seller. Pat Welchert with Alpha Commercial Real Estate Services represented the buyer.

The buyer is a Tucson-based private real estate investment and holding company affiliated with Jason Douglas, president and owner of Latitude Engineering, LLC.

Natalie Furrier can be reached at 520.748.7100, Greg Furrier at 520.546.2735, and Pat Welchert at 520.360.9394.

Source: RED Comp #12533

Avilla Foothills Expands Housing Options in Growing Northwest Valley

“For a growing number of residents, renting is not a compromise; it is a strategic lifestyle choice that offers flexibility, convenience and access to a high-quality home environment without the burdens of ownership,” said NexMetro’s Regional Managing Director, Phoenix and Denver Jared Geisler. “Avilla Foothills delivers the space and privacy of a home with the simplicity and reliability of a professionally managed community, while helping meet the growing housing needs of Phoenix’s Northwest Valley.”

“The Northwest Valley continues to attract new residents, employers and investment, creating strong demand,” Geisler said. “Avilla Foothills reflects NexMetro’s continued commitment to delivering high-quality purpose-built rental home neighborhoods in locations where people want to live, work and build community.”