City: Mesa
Sonoma Village
The property was acquired by Rise Invest of Chicago for $26 million, or $270,833/unit, from an affiliate of Priority Property Management of Beaverton, Ore., in a deal brokered by Marcus & Millichap's Institutional Property Advisors unit. Bridge Investment Group has ...
Bridge Investment Lends $22.6Mln for Purchase of Mesa, Ariz., Apartments
Commercial Real Estate Direct Staff Report Bridge Investment Group has provided $22.6 million of financing to facilitate the purchase of Sonoma Village, a 96-unit apartment property in Mesa, Ariz. The property was acquired by Rise Invest of Chicago for $26 ...
655,400-SF Industrial Property Planned for Mesa, Ariz.
REBusiness Online EastGroup Properties Inc. is planning to build Gateway Interchange, a seven-building industrial property with 655,400 square feet in Mesa, Ariz. The Ridgeland, Miss., REIT is building the property at the northwest corner of Hawes Road and the Loop ...
Standard Country Club
SPL Cos. of Denver was the seller.
Rise48 Equity Pays $107.7Mln for 3 Arizona Apartment Properties
Rise48 Equity has paid $107.7 million for three apartment properties with 462 units in Mesa, Ariz., and Glendale, Ariz. The Phoenix investor paid $60.63 million, or $223,708/unit, for Standard Country Club, a 271-unit property at 1903 North Country Club Drive ...
Decron Pays $76Mln for Apartment Property in Mesa, Ariz.
Decron Properties has paid $76 million, or $575,757/unit, for BB Living at Eastmark, a 132-unit apartment property in Mesa, Ariz. The Los Angeles investor purchased the property from an affiliate of Berger Holdings of Scottsdale, Ariz., and financed it with ...
Midtown on Main Street
The property, at 2121 West Main St., is encumbered by a $68.7 million Freddie Mac loan that was securitized through FREMF, 2021-KF96. The loan pays a 2.63 percent coupon and is set to mature in November 2030. It is subject ...
KKR Pays $137Mln for Mesa, Ariz., Apartment Property
AZ Big Media KKR & Co. has paid $137 million, or $290,254/unit, for Midtown on Main Street, a 472-unit apartment property in Mesa, Ariz. The New York investment firm purchased the property from Tides Equities of Los Angeles. The property, ...
ReNew One Eleven
ReNew One Eleven, which is being renamed Mesa Station, last year generated $2.75 million of net operating income, according to servicer data compiled by Trepp Inc. That would give Interwest's purchase price a 3.97 percent capitalization rate. The property is encumbered by ...
Interwest Capital Pays $69.2Mln for Phoenix-Area Apartments
Interwest Capital Group has paid $69.2 million, or $174,307/unit, for ReNew One Eleven, a 397-unit apartment property in the Phoenix suburb of Mesa, Ariz. The La Jolla, Calif., investment manager purchased the 37-year-old property, at 111 North Gilbert Road, from ...
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