PHOENIX, ARIZONA (Dec. 2, 2022) — Northmarq Phoenix’s Investment Sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle brokered the $25 million ($208,333/unit) sale of The Enclave on Bethany, a 120-unit, garden-style community located at 6816 W. Bethany Home Road in Glendale, Arizona. The buyer is Sunrise Multifamily Group, LLC from Scottsdale, …
PHOENIX (December 2, 2022) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2,195,000 / $548,750 Per Unit / $342.97 Per SF sale of Clarendon IV Townhomes, a 4-unit multifamily townhome community located in Phoenix, Arizona. ABI Multifamily’s Royce Munroe represented the seller in …
As homes become even more unaffordable with rising mortgage rates and resulting crushed application volumes, you might think that demand for apartments would be screamingly hot. And it is—or was until the third quarter. The story coming out a Newmark report is surprising, because it suggests a possible sea change in how multifamily has been …
Q3 Brings Net Negative Absorption for Multifamily Read More »