David Simon Passes Away After Battle with Cancer
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City: Peoria
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 ...
178,000 square feet of retail space at the Lake Pleasant Pavilion/24790 North Lake Pleasant Road
86 percent leased. The property backs a $28.25 million mortgage that was securitized through Banc of America Commercial Mortgage Trust, 2007-5. It has an interest rate of 6.093 percent and matures in October 2017.
Enclave at Paradise Lane
Great West Life & Annuity Insurance Co. provided a $17 million loan for the purchase.
Encantada/10741 West El Cortez Place
Wells Fargo Bank provided the buyer with $20.4 million of debt against the complex.
Office Building in Peoria, Ill., Sells for $14.8Mln
Peoria Journal Star Wextrust Capital has paid $14.8 million for the Chase Building, an office property in Peoria, Ill. The Chicago equity firm purchased the building from Alcock Development Co., a Chicago builder. The property is leased to Chase Bank, ...
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