4th Quarter Sales

Company Caps Successful Redevelopment With $20.4 million Transaction TUCSON, Arizona – Holualoa Companies has sold the highly successful Herbert Residential and the adjacent Armory Park Villas in Tucson to Second Tucson Venture, LLC in a $20.4 million transaction ($133,333 per unit) for the 153 units. Both properties are located in the Armory Park neighborhood, an area […]

PINAL COUNTY, ARIZONA — Richmond American Homes purchased an additional 139 lots in the Red Rock Village MPC for $6,880,500 ($49,500 per finished lot). The lots are 45’X115′ and are Richmond’s second  purchase in the community in the past 12 months. The lots were purchased from Sunbelt Holdings.  Sunbelt acquired the remaining 680-acres within the

Tucson, Ariz. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of a two-property multifamily portfolio in Tucson, Arizona. The properties are Equestrian, a 288-unit complex that sold for $47.7 million, or $165,625 per unit, and Ridgeline, a 272-unit property that traded for $42.5 million, or $156,250