Government Agency Relocating D.C. Offices, Taking Less Space
April 25, 2024
400,000-SF Industrial Project Planned for Silver Spring, Md.
April 25, 2024
City: Peoria
Peoria, Ill., Apartment Property Sells for $45Mln
A Novato, Calif., investor group has paid $45 million, or $148,026/unit, for the 304-unit Prairie Vista Apartments in Peoria, Ill. The group, managed by Kelly Perryman, purchased the property as part of a 1031 exchange from a Boca Raton, Fla., ...
Work Starts on Phoenix-Area Industrial Property
VanTrust Real Estate has broken ground on a 157,000-square-foot industrial property at the 105-acre Peoria Logistics Park in Peoria, Ariz. The Kansas City, Mo., developer is building the property at the northeast corner of Northern and 75th avenues, about 11 ...
Bridge Investment Pays $88.8Mln for Peoria, Ariz., Apartment Property
Bridge Investment Group has paid $88.8 million, or $322,909/sf, for Parc Roundtree Ranch, a 275-unit apartment property in Peoria, Ariz. The Salt Lake City investment manager purchased the property from its developer, Evergreen Devco Inc. of Phoenix, in a deal ...
a pair of apartment properties with 332 units in the greater Phoenix area.
The properties are the Summerhill Place Apartments, with 232 units at 6801 West Ocotillo Road in Glendale, Ariz., and the Villas at Montebella Apartments, with 100 units at 10860 North 85th Ave. in Peoria, Ariz. Summerhill Place previously was encumbered ...
Tower 16 Capital Pays $55Mln for 2 Apartment Properties in Phoenix Area
Tower 16 Capital Partners has paid $55 million for a pair of apartment properties with 332 units in the greater Phoenix area. The Carlsbad, Calif., company purchased the properties from an undisclosed seller in a deal brokered by Northmarq, which ...
Stadium Vue Townhomes
McCool financed the purchase with a $30.7 million loan from FirstBank that has a seven-year term and carries a 3 percent fixed interest rate. That loan will be used to retire a $29.1 million short-term mortgage that had been provided ...
163-Unit Apartment Property in Peoria, Ariz., Sells for $47.3Mln
AZ Big Media Jason McCool, the founder of Executive Coatings and Contracting LLC, has paid $47.3 million, or $290,184/unit, for the 163-unit Stadium Vue Townhomes in Peoria, Ariz. McCool, of Englewood, Colo., acquired the property from Sunroad Enterprises, which was ...
Phoenix-Area Apartment Complex Sells for $63Mln
Multi Housing News A venture of R&V Management and Wermers Properties have sold the 240-unit Enclave at Arrowhead apartment complex in the Phoenix suburb of Peoria, Ariz., to an undisclosed buyer for $63 million, or $262,500/unit. The two companies are based ...
8201 West Olive Ave.
Bungalows on Olive apartment complex is 98 percent occupied. Berkadia represented Cavan in the sale and arranged a $23.5 million Freddie Mac loan on behalf of Silver Star. The new financing will replace an $18.29 million loan that was securitized ...
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