AZ Big Media Cohen Asset Management has paid $81.7 million, or $136.28/sf, for the 599,489-square-foot initial phase of Falcon Park 303 in Glendale, Ariz. The Los Angeles investor purchased the industrial property from its developer, US Capital Development, which was ...
Commercial Real Estate Direct Staff Report JPMorgan Chase has provided $41 million of financing to facilitate Weidner Apartment Homes' purchase of Joy on 4th, a 234-unit apartment property in Phoenix. The Kirkland, Wash., company purchased the property from an affiliate ...
Multi-Housing News Banco Inbursa and Pearlmark have provided $233 million of financing for the construction of the first phase of the South Pier at Tempe Town Lake mixed-use development in Tempe, Ariz. McBride Cohen Co. of Tacoma, Wash., is teaming ...
Commercial Real Estate Direct Staff Report JPMorgan Chase has provided $110.4 million of mortgage financing to facilitate the purchase of Canvas Tempe, an 826-unit student-housing property in Tempe, Ariz. University Partners, an affiliate of KKR & Co., purchased the property ...
Commercial Real Estate Direct Staff Report Gantry has arranged $41.6 million of Freddie Mac financing against Lunaire at Estrella, a 240-unit apartment property in Goodyear, Ariz. The five-year loan pays a fixed rate that's less than 5 percent. It allowed ...
The Chicago investment and management firm purchased the property from Sares Regis Group, which had acquired it in 2019 for $54.25 million through its Multifamily Value-Add Fund III.
Berkeley Point Capital has provided $75.94 million of Freddie Mac financing to facilitate Priderock Capital Partners' purchase of Sweetwater at Metro North, a 520-unit apartment complex in Phoenix. The Freddie mortgage is securitized through FREMF, 2023-K155. It has a 10-year ...
REBusiness Online A venture of Toll Brothers Apartment Living and the Davis Cos. has opened Callia, a 403-unit apartment property in Phoenix. Toll, of Fort Washington, Pa., and Davis, of Marlborough, Mass., broke ground on the property, at 100 West ...
AZ Big Media A venture of Mohr Capital and Rosewood Property Co. has broken ground on West Summit Logistics Park, a 704,472-square-foot industrial property in Surprise, Ariz. Mohr and Rosewood, both of Dallas, are building the property south of Sweetwater ...
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