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City: Avondale
Aventura apartment property
Knightvest Capital assumed an existing $45.78 million Fannie Mae loan when it bought the apartment property. It also had lined up a $17.77 million supplemental loan from Fannie that was provided by KeyBank. The Fannie loan that Knightvest assumed is ...
Knighvest Assumed $45.78Mln Fannie Loan, Got $17.77Mln of Additional Debt for Ariz. Apartment Purchase
Commercial Real Estate Direct Staff Report Knightvest Capital assumed an existing $45.78 million Fannie Mae loan when it paid $102.5 million, or $251,225/unit, for the 408-unit Aventura apartment property in Avondale, Ariz. The Dallas investment manager bought the property from ...
Wood Partners Breaks Ground on 360-Unit Apartment Property in Avondale, Ariz.
AZ Big Media Wood Partners has broken ground on Alta Avondale, a 360-unit apartment property in Avondale, Ariz. The Atlanta developer is building the property at the northwest corner of Avondale Boulevard and Van Buren Street, about 15 miles west ...
1408 Casitas at Palm Valley
Newmark arranged $36.02 million of acquisition financing that's being used to retire, through defeasance, a $15.9 million Freddie Mac loan that's securitized through FREMF, 2019-KC06. The retired loan had paid a 4.3 percent coupon and was locked out from prepayment ...
Phoenix-Area Apartment Property Sells for $53Mln
SAM Residential Group has paid $53 million, or $315,476/unit, for 1408 Casitas at Palm Valley, a 168-unit apartment property in Avondale, Ariz., about 15 miles west of Phoenix. The Los Angeles developer purchased the property from 29th Street Capital of ...
First Citizens Lends $51Mln Against Apartment Property in Avondale, Ariz.
First Citizens Bank has provided $51 million of financing to facilitate 29th Street Capital's purchase of the 240-unit Oceana Apartments in Avondale, Ariz. The Chicago investment firm paid $84 million, or $350,000/unit, for the property, according to a report from ...
13033-13075 West McDowell Road
Rancho Santa Fe Center medical-office property
Aventura Apartments/10350 West McDowell Road
KeyBank provided $45.8 million of Fannie Mae financing to the buyer. 93.6 percent occupied.
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