State: Arizona - AZ

MacNaughton paid $142.5 million, or $491,379/unit, for the 290-unit Residences Kierland in Scottsdale, Ariz. The Honolulu real estate investor bought the property from Quarterra Multifamily in a deal brokered by CBRE. The transaction previously was reported, but the sales price wasn't ...

The property, which has been renamed again, to Rise at Northern, was 96 percent occupied and generated $1.19 million of net operating income during the 12 months through March, according to servicer data compiled by Trepp Inc. That would give Rise48's ...

An affiliate of Golden Horizon Enterprises has paid $112.5 million, or $336,826/unit, for Bungalows at Camelback, a 334-unit apartment property in Phoenix.

The property is encumbered by a $36 million loan that is held by an affiliate of Ascendant Capital Partners. Nitya assumed the debt.

Greenwater Real Estate Management has paid $32 million, or $106,312/unit, for the Peaks at Redington, a 301-unit apartment complex in Tucson, Ariz. The locally based company purchased the 13-building property from MF Asset Management, which had paid $53.9 million for it ...