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HSL Sells in Tucson and Buys in Phoenix for $53 Million Deal

2014 Q2 Sales Archive / By

Rio Properties an affiliate of HSL Properties, Inc. (Humberto Lopez, principal) sold Posada Del Rio Apartments at 7424 E Speedway Blvd. in Tucson for $8.1 million ($50,625 per unit) for the 160-unit apartment complex (built 1980) and purchased The Station on Central, a 414-unit apartment complex (built 1999) at 4140 N Central Avenue in Phoenix […]

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HSL Sells Two Projects Totaling 488-Units for $50.5 Million in Scottsdale

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Scottsdale – Tucson-based, HSL Properties, Inc. (Humberto Lopez, principal) sold two apartment projects in Scottsdale totaling a combined 488-units for $50.5 million. The Scottsdale properties are the first direct multi-family acquisitions in Arizona for New York Life Investors, which is a wholly-owned subsidiary of New York Life Insurance Company. Various New York Life entities have

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