City: Tempe
Banc of California Lends $52.8Mln Against Tempe, Ariz., Apartment Property
Commercial Real Estate Direct Staff Report Banc of California has provided $52.8 million of financing for the purchase of Hudson on Farmer, a 171-unit apartment property in downtown Tempe, Ariz. Ideal Capital Group of Clovis, Calif., purchased the property for ...
Arbor Realty Lends $60Mln for Purchase of Tempe, Ariz., Apartments
Commercial Real Estate Direct Staff Report Arbor Realty Trust has provided $60 million of financing for the purchase of the 240-unit Sanctuary on Broadway Apartments in Tempe, Ariz. An affiliate of EZ Real Estate of Seattle purchased the property for ...
237,000-SF Retail Center in Tempe, Ariz., Sells for $27.8Mln
SimonCRE has paid $27.8 million, or $117.30/sf, for Costco Plaza, a 237,000-square-foot shopping center in Tempe, Ariz. The Scottsdale, Ariz., developer purchased the property from Tryperion Partners of Los Angeles in a deal brokered by Faris Lee Investments. Costco Plaza ...
Student-Housing Property in Tempe, Ariz., Sells for $36.1Mln
AZ Big Media Tara Investment Group has paid $36.1 million, or $235,947/unit, for the Mark, a 153-unit student-housing property in Tempe, Ariz. The San Francisco company purchased the property from Nelson Partners of San Clemente, Calif., in a deal brokered ...
Intercontinental Pays $126Mln for Phoenix-Area Apartment Property
Intercontinental Real Estate Corp. has paid $126 million, or $335,106/unit, for the 376-unit Garden Grove Apartments in Tempe, Ariz. The Boston investment manager purchased the property from MG Properties of San Diego, which had acquired it in 2014 for $35.6 ...
335-Unit Apartment Property Breaks Ground in Tempe, Ariz.
AZ Big Media Streetlight Residential has broken ground on the Alyssa, a 335-unit apartment property in Tempe, Ariz. The Dallas developer is building the property on East Rio Salado Parkway, to the west of State Route 1. The property will ...
Rise48 Equity Pays $45Mln for Tempe, Ariz., Apartments
Rise48 Equity LLC has paid $45 million, or $228,426/unit, for Rise at the Retreat, a 197-unit apartment property in Tempe, Ariz. The Phoenix investor purchased the property from Brookhill Corp. of Santa Monica, Calif., which was represented by Newmark. The ...
two apartment properties that total 170 units near Arizona State University in Tempe, Ariz.
The properties are the 134-unit Sakara Tempe, at 950 South Terrace Road, and the 36-unit Sakara Villas, at 910 East Lemon St.
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