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ABI Multifamily Closes 3 $20M+ Transactions in One Day

Phoenix & Tucson, Arizona — ABI Multifamily announced today it closed three transactions totaling $71,450,000 on March 21. The three transactions were the highlight of a 20 transaction First Quarter. Property Market Closing Date Value Serafina at South Mountain Apartments Phoenix March 21 $27,450,000 Cabana at the Pointe Apartments Phoenix March 21 $22,200,000 Mission Antigua […]

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Options Keep on Rolling in Metro Tucson – $1.66 Million in Takedowns

Maracay Homes, D.R. Horton and Richmond American continued rolling options in metro Tucson area for a total of $1.66 million. Maracay Homes took down 6-SFR lots more at Tortolita Vista for $1,015,673 ($169,279 per lot) in the Northwest submarket of Tucson. These were part of a 54-lot rolling option between Maracay and Ready Eight Corporation

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Home Builders See More Success with Recent Lots Purchased in Tucson

DR Horton has seen some success in the southern submarket of Tucson. In Sahuarita Highlands DR Horton took down an additional five finished SFR lots for $225,923 ($45,185 per lot); its second to last takedown from Tucson-based, Red Point Development (Daniel Leung, president) in this one-acre + lot subdivision. Dan Feig and Aaron Mendenhall of

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