City: Flagstaff
Flagstaff, Ariz., Apartment Property with 222 Units Fetches $64.5Mln
Apartment Ventures NNC has paid $64.5 million, or $290,540/unit, for the 222-unit Village at Aspen Place apartment property in Flagstaff, Ariz. The Cypress, Calif., investment firm purchased the complex from an affiliate of VanTrust Real Estate LLC, which was represented ...
Pinecliff Village Apartments/1105 East Ponderosa Parkway
Berkadia Commercial Mortgage LLC provided a $16.68 million Freddie Mac loan against the property, according to Coconino County, Ariz., records. The loan has a 10-year term.
Apartment Complex in Flagstaff, Ariz., Sold for $21.35Mln
FPA Multifamily has paid $21.35 million, or $161,742/unit, for the 132-unit Pinecliff Village Apartments in Flagstaff, Ariz. The Irvine, Calif., investment company bought the property from Sanchez Brothers LLC of Centerville, Utah, which had purchased it in 2001 for $6.45 ...
University Plaza shopping center/1312 South Plaza Way
98 percent leased.
Flagstaff, Ariz., Shopping Center Sells for $27.5Mln
REBusiness Online Vestar Capital Partners has bought the 165,615-square-foot University Plaza shopping center in Flagstaff, Ariz., for $27.5 million, or $166.05/sf. Cushman & Wakefield represented the undisclosed seller. The retail property, at 1312 South Plaza Way, is 98 percent leased ...
Cypress Equities Buys Flagstaff Mall
Cypress Equities has purchased the Flagstaff Mall, a 388,607-square-foot enclosed shopping center in Flagstaff, Ariz., that had been encumbered by a $37 million CMBS loan. The Dallas investment manager bought the mall from Banc of America Commercial Mortgage Corp., 2005-6, ...
two apartment buildings with a total of 419 units in Flagstaff, Ariz.
The properties are the 306-unit Ridge at Clear Creek Apartments, at 997 East Pine Knoll Drive, and the 113-unit Clear Creek Village, at 875 East Pine Knoll Drive.
Lodge Apartments
Clear Sky lined up $20 million of financing from Fannie Mae.
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