Los Angeles, CA — TruAmerica Multifamily, in joint venture with an institutional capital partner, has acquired a two-property, 472-unit apartment portfolio in Tempe, AZ for $67.3 million ($142,585 per unit) increasing its local portfolio to more than 2,400 units. “We continue to be net buyers in Phoenix, and Tempe in particular,” said TruAmerica Director of […]
TUCSON, Arizona — Scottsdale-based MC Companies (Ross McCallister, principal), a real estate investment, management, development and construction company sold 319-units at Rock Ridge Apartments at 10333 N Oracle Road in Oro Valley to a private investment group from Newport Beach, CA, Springwood Investors, LLC; its first investment in Tucson. The property commanded a sale price
The Place at Rock Ridge in Oro Valley Fetches $39.5 Million Read More »
Phoenix, Arizona – CBRE announced the sale of Fairways at Cave Creek, a 376-unit value-add multifamily community, located at 2140 W. Thunderbird Rd. in Phoenix. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office represented the seller in the transaction. The buyer is Los Angeles, California-based Tides Equities, a commercial real
Sale of 376-Unit Fairways at Cave Creek Apartment Community Read More »