State: Arizona - AZ

Multi-Housing News Pebb Student Living has partnered with Coastal Ridge Real Estate to buy the 456-bed Cadence student-housing apartments in Tucson, Ariz., for $33 million, or about $72,368/bed. The venture purchased the two-building property, at 345-350 East Congress St., from ...

Praedium Group has lined up a $58.63 million Fannie Mae loan through CBRE Multifamily Capital Inc. to help fund its recent $90 million purchase of the Liv North Valley apartments in Phoenix. The New York investment manager bought the 385-unit property, ...

FCP has partnered with Tides Equities to pay $77 million, or $149,515/unit, for the 515-unit Solara at Mill Ave. apartments in Tempe, Ariz. The property, at 3730 South Mill Ave., becomes the second in Tempe that FCP has invested in ...

Praedium Group has paid $90 million, or about $233,766/unit, for Liv North Valley, a 385-unit apartment property in Phoenix. The luxury property, at 31113 North Valley Parkway, opened last year and was developed by a venture of the Rockefeller Group and ...

Rentv.com Fundamental Income has bought a 190,000-square-foot industrial building at 600 South 94th Ave. in Tolleson, Ariz., for $50 million, or $263.16/sf. The Phoenix real estate investment company purchased the property from Carvana, the online car seller, which also is ...

Western Wealth Capital has paid $33 million, or $109,634/unit, for the 301-unit Villas de Azul apartments in Phoenix. The Vancouver, British Columbia, real estate investment company purchased the property from Sterling Real Estate Partners, which had acquired it last year ...

Dwight Capital has funded a $55.1 million construction loan for the 288-unit Aviva Goodyear apartments in the Phoenix suburb of Goodyear, Ariz. The loan was written under the U.S. Department of Housing and Urban Development's section 221(d)(4) program, in which ...

Multi-Housing News Moderne Living has sold the 104-unit 32 Arcadia apartments in Phoenix for $14.8 million, or $142,307/unit. Kidder Mathews brokered the deal on behalf of the buyer, which was not identified. Moderne, a Phoenix multifamily real estate investment company, ...

PGIM Real Estate has paid $425 million for a portfolio of eight industrial properties with 15 buildings and 4.7 million square feet in five markets. The Madison, N.J., investment manager, a unit of Prudential Financial Inc., purchased the portfolio from ...