• IPA Brokers $55.5 Million Multifamily Sale in Tempe

    IPA Brokers $55.5 Million Multifamily Sale in Tempe0

    Tempe, Ariz. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of The Davenport, a 442-unit multifamily asset in Tempe, Arizona. The $55.5 million sales price equates to $125,566 per unit. “The Davenport is a retro-inspired multifamily property that benefits from more than 31 million square feet of

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  • NorthMarq Closes and Finances the Paseo Del Sol Apartments for $12.5 Million

    NorthMarq Closes and Finances the Paseo Del Sol Apartments for $12.5 Million0

    TUCSON, ARIZONA (Nov. 5, 2018) – The 152-unit Paseo Del Sol Apartments, located at 6280 South Campbell Avenue, in Tucson, Arizona, sold this month for $12,500,000. The NorthMarq Multifamily team of Bill Hahn, Trevor Koskovich, and Jesse Hudson represented both the seller and the buyer in this transaction. AndMark Paseo del Sol Apartments, LLC, of

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  • CBRE Completes $6.9 Million Sale of Two Central Phoenix-Area Multifamily Communities

    CBRE Completes $6.9 Million Sale of Two Central Phoenix-Area Multifamily Communities0

    PHOENIX, ARIZ. – November 2, 2018 – CBRE arranged the sale of two Phoenix-area multifamily communities totaling $6.9 million. CBRE’s Brian Smuckler and Jeff Seaman represented the buyer and seller in both transactions. Located at 1145 E. Mountain View Rd. in Phoenix, Mountain View Square is a 70-unit garden style apartment community built in 1984.

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