City: Tucson

Element Property Co. has paid $33.65 million, or $221,381/unit, for Paseo Del Sol, a 152-unit apartment property in Tucson, Ariz. The Los Angeles investment firm purchased the property from AndMark Management Co. of Los Angeles, which was represented by Newmark. ...

Multi-Housing News Next Round Asset Management has paid $42 million, or $115,384/unit, for Standard Raintree, a 364-unit apartment property in Tucson, Ariz. The Fremont, Calif., company purchased the property from SPL Cos., which had acquired it in 2017 for $12.5 ...

AZ Big Media An affiliate of Millburn & Co. has paid $61.6 million, or $226,470/unit, for Sonoran Reserve, a 272-unit apartment property in Tucson, Ariz. The Salt Lake City investment firm purchased the property from Holualoa Cos., which was represented ...

Greenwater Real Estate Management has paid $65.5 million, or $159,756/unit, for Yardz on Kolb, a 410-unit apartment property in Tucson, Ariz. The Coral Gables, Fla., investor purchased the property from Monarch Investment and Management Group in a deal brokered by ...

Bridge Investment Group has paid $75.15 million for three apartment properties with 566 units in Tucson, Ariz. The Salt Lake City investment manager purchased the properties from Monarch Investment & Management Group of Franktown, Colo., in a deal brokered by ...