29th Street Capital Acquires Sixth Phoenix/East Valley Property

29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Park Tower Apartments, a 180-unit multifamily community in Chandler, Arizona. 29SC’s strategy is to invest $883,000 into renovations to significantly upgrade the interiors and to enhance the exterior of the apartments. This is the sixth acquisition 29SC has made in the…

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Veteran gets ‘like-new’ car with help of Lewis Roca Rothgerber Christie donation

Air Force veteran Mick Shapiro received the keys to a virtually ‘new’ car before Military Appreciation Day at the Arizona Diamondbacks baseball game Sunday, thanks to a community service program supported in part with a donation from Lewis Roca Rothgerber Christie LLP.   The vehicle presentation was coordinated through GEICO and Recycled Rides, a nationwide…

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$45.5 Million Ahwatukee Foothills Multifamily Community Sold by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, is pleased to announce the sale of Arboretum at South Mountain, a 312-unit apartment community in Ahwatukee Foothills, an urban village adjacent to South Mountain Park in Phoenix. The $45.5 million sales price equates to…

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KEYSER ADDS VETERAN REAL ESTATE ATTORNEY TO INDUSTRIAL BROKERAGE DIVISION

Keyser is pleased to welcome veteran real estate attorney Roger Owers to its rapidly growing industrial practice group as a commercial real estate advisor.  Mr. Owers brings 15 years of commercial real estate legal experience to Keyser, and will be responsible for helping to service Keyser’s rapidly expanding local, national and global client base. “We…

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WESTERN WEALTH CAPITAL BUYS PHOENIX APARTMENT PORTFOLIO

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Greater PHX IV Portfolio, a four-property, 748-unit, real-estate-owned portfolio located in Phoenix and Mesa, Ariz. to Western Wealth Capital LTD, a Vancouver, Canada-based multiple-unit rental property investment firm. The…

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STRATEGIC STORAGE GROWTH TRUST, INC. (SSGT) ACQUIRES BRAND NEW SELF STORAGE DEVELOPMENT IN PHOENIX

Strategic Storage Growth Trust, Inc. (SSGT), which is sponsored by SmartStop Asset Management, LLC, recently closed on its first “certificate of occupancy” transaction. The newly- constructed facility is located in the South Mountain Village area of Phoenix. “We are excited to complete our first top-of-the-line, brand-new facility in a prime market like Phoenix,” said H.…

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Colliers International – Las Vegas Raises More Than $80,000 at Annual Golf Tournament

Mike Mixer, executive managing director of Colliers International – Las Vegas, announced today that the company’s 22nd Annual Links for Life Charity Golf Tournament raised more than $80,000 for various children’s charities in Southern Nevada. Colliers International single-handedly donated $25,000 to support Links for Life’s charitable efforts in Las Vegas.   The 22nd Annual Links…

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ABI Brokers Sale of Multifamily Asset in South Arcadia Neighborhood

ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the sale of the Horizons at Arcadia Apartments a 51-unit, apartment community for $3,100,000 or $48,750 per unit. Originally built in 1985, Horizons at Arcadia Apartments is comprised of three contiguous buildings that are constructed of block and wood with flat…

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Sale of Approximately Eight Acres in Chandler, Ariz. for $2.43 Million

Colliers International in Greater Phoenix negotiated the sale of approximately eight acres of PAD-zoned land in Chandler, Arizona, for $2,433,261 million or approximately $6.98 per square feet. The parcel is located north of the northeast corner of Juniper Drive and Chandler Boulevard within Chandler Corporate Center. Greg Hopley, executive vice president in Colliers’ Scottsdale office,…

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NONPROFIT ORGANIZATION RAISES $354,000+ TO BENEFIT RESIDENTS OF AFFORDABLE HOUSING COMMUNITIES NATIONWIDE

Rainbow Housing Assistance Corporation (Rainbow), a nonprofit organization that provides service-enriched housing programs for residents of rental housing communities throughout the country, recently hosted its 2016 Awards Banquet at Pointe Hilton Tapatio Cliffs Resort in Phoenix, raising more than $354,000 for its national program and scholarship campaign combined. The annual event serves to honor individuals who…

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