Jeff Sherman

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Terrace Park Apartments in West Phoenix Sold for $14.25 Million

Canadian Investor Expands Portfolio of Greater Phoenix Assets Phoenix,  Arizona  – The Terrace Park apartment community at 8130 W. Indian School Rd. in Phoenix has been sold to a Canadian investor for $14.25 million  ($66,901 per unit).  The purchase marks an expansion of Western Wealth Capital’s portfolio of Metro Phoenix apartment properties. “Terrace Park is […]

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Colliers Sells Two Tucson Multifamily Communities for $13+ Million

“Multifamily buyers beginning to move their money from the Phoenix market to Tucson, capitalizing on higher cap rates and lower per unit acquisition costs” Tucson, Arizona —  Colliers International in Greater Phoenix has negotiated the sale of two Tucson apartment complexes in transactions totaling $13+ million.  The properties were purchased by private investors and are

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California Investor Purchases $19 Million Solano Terrace Apartments

Glendale Property Offers Quality Asset with Opportunities for Value-Add Improvements Phoenix, Arizona – Solano Terrace Apartments at 4715 N. Black Canyon Highway has sold to a California investor for $19 million ($66,000 per unit). “This property offered a unique opportunity close to the major transportation sources of Interstate 17 and Light rail,” says Bill Hahn,

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