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A private investment group has paid $17 million for Emerald Springs, a 194-unit apartment complex in Mesa, Ariz.The buyer, which operates under the name Unit 194 LLC, purchased the property from Farnum Properties LLC of California. The property will be ...
A Commercial Real Estate Direct Staff Report Crown Realty & Development Corp. has paid $23 million for 15501 N. Dial Blvd., a 129,689-square-foot office property in Scottsdale, Ariz.The Irvine, Calif., real estate firm purchased the property from an affiliate of ...
The Arizona Republic Morgans Hotel Group, a New York hospitality firm, has agreed to pay $46.5 million for the James Hotel in Scottsdale, Ariz. Stephen Hanson and Danny Errico, two private investors, have agreed to sell the hotel, which will ...
Corus Bank provided $97 million in financing for the construction of Safari Drive Condominiums, a 214-unit residential development in Scottsdale, Ariz.An affiliate of The Wolff Cos., a Spokane, Wash., apartment developer, and Vanguard City, an Arizona builder, received the financing. ...
Bascom Arizona Ventures paid $84 million, nearly $74,744/unit, for Scottsdale Green and Newport Landing, two Arizona apartment properties totaling 1124 units.The buyer is a joint venture among Bascom Group of Irvine, Calif., Multifamily Advisors of Scottsdale, Ariz., and GE Capital.The ...
Arizona Business GazetteA 350-unit condo conversion property, La Privada Apartments, has traded hands for $79.6 million. The Scottsdale, Ariz., apartments were sold by La Privada Apartments LLC to La Privada Development LLC and Robert Sheridan & Partners LLC. The new ...
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