City: Tucson

Tara Investment Group has paid $33.75 million, or $164,634/unit, for the Ledges at West Campus, a 205-unit apartment property in Tucson, Ariz. The Montecito, Calif., company, an affiliate of Shefflin Investments, purchased the property from Berger Investment Group of Pittsburgh, ...

The 1.1 million-square-foot shopping center has been appraised at a value of $88 million. That compares with an appraised value of $313 million when a $198.9 million mortgage was written against 478,333 sf of the property's non-anchor space 10 years ...

APRA Capital has paid $54.45 million, or $165,000/unit, for Sundown Village, a 330-unit apartment property in Tucson, Ariz. The Irvine, Calif., investor purchased the property from HSL Properties in a deal brokered by Marcus & Millichap's Institutional Property Advisors unit. ...

Bridge Investment Group has paid $90.2 million for two apartment properties with a total of 560 units in Tucson, Ariz. The Salt Lake City investment manager bought the properties from Bascom Arizona Ventures. It paid $47.7 million, or $165,625/unit, for ...

San Diego Business Journal A venture of Tower 16 Capital Partners and Drake Real Estate Partners has acquired the 258-unit Sierra Vista Apartments in Tucson, Ariz., for $18.1 million, or about $70,155/unit. NorthMarq represented the Tower 16/Drake venture in the ...

REBusiness Online Thayer Manca Residential has bought the 424-unit Entrada Apartments in Tucson, Ariz., for $65.5 million, or $154,481/unit. The Seattle real estate investment company purchased the 28-building property, at 4545 North Via Entrada, from MG Properties, which had acquired ...

Commercial Real Estate Direct Staff Report The $168 million mortgage against the Park Place Mall in Tucson, Ariz., has moved to special servicing as it's expected to default. The property's owner, meanwhile, has indicated that it is unwilling to invest ...