TUCSON, Arizona — An affiliate of Equilibrium Fund II purchased Cordova Village Apartments for $8 million ($25,157 per unit), a community located at 2020 S Columbus in the eastern submarket of Tucson, Arizona. The 147,000-square-foot complex in 18 buildings has 318-units on 9-acres and was built in two phases 1977 and 1982. The private-equity real […]
Equilibrium Acquires Cordova Village in Tucson for $8 Million Read More »
TUCSON, Arizona — Multifamily property sales surged to $21 Million in sales volume in the first 10-days of 2017. Marcus & Millichap sales accounted for $13.6 million in the following two transactions, with four properties and 371-units: HSL Casa Loma of Tucson (Omar Mireles, manager) sold Casa Loma Apartments for $6.525 million ($48,333 per unit
Tucson Multifamily Deals Surge in First Days of 2017 Read More »
SAN DIEGO, AZ – Pathfinder Partners, LLC, a San Diego-based firm specializing in opportunistic real estate investments, has acquired two Phoenix-area multifamily communities totaling 300-units. According to Lorne Polger, senior managing director of Pathfinder Partners, the transactions include the $25.6 million ($114,000 per unit) acquisition of Windemere Apartments, a 224-unit community built in 1986 at
Pathfinder Partners Concludes two Multifamily Acquisitions for $34.1 Million in Phoenix Read More »