City: Tucson

JLL Capital Markets has arranged a $25.35 million loan to facilitate the purchase of Canyon Heights, a 196-unit apartment property in Tucson, Ariz. Rincon Partners of Phoenix and LEM Capital of Philadelphia acquired the property for $33 million, or $168,367/unit, from ...

AZ Big Media Construction is underway on Arroyo Verde, a 156-unit apartment property in Tucson, Ariz. MC Cos., a Scottsdale, Ariz., developer, is building the $39.6 million project at the northeast corner of La Cholla Boulevard and Old Magee Road, ...

Rincon Partners has paid $33 million, or $168,367/unit, for Canyon Heights, a 196-unit apartment property in Tucson, Ariz. The Phoenix investment manager purchased the property from South Coast Commercial, which was represented by Marcus & Millichap's Institutional Property Advisors unit. ...

Break of Day Capital has paid $26.35 million, or $149,715/unit, for the 176-unit San Marin Apartments in Tucson, Ariz. The Manhattan Beach, Calif., investor, founded in 2017 by Gary Lipsky, who previously had founded an after-school, outdoor education company, purchased ...

Next Round Asset Management has paid $28.5 million, or $142,500/unit, for the 200-unit Mission Creek Apartments in Tucson, Ariz. The Chandler, Ariz., company purchased the property from AndMark of Los Angeles, which was represented by Northmarq. Northmarq also arranged a ...

Tower 16 Capital Partners has paid $35.5 million, or $110,248/unit, for the 322-unit Nottinghill Apartments in Tucson, Ariz. The San Diego investment firm purchased the property from a Sherman Oaks, Calif., investor group that had owned it for almost 20 ...

Western Wealth Capital has paid $130 million for a portfolio of five apartment properties with 880 units in Tucson, Ariz. The Vancouver, British Columbia, investment manager bought the properties from Weidner Apartment Homes in a deal brokered by Marcus & ...