• Chris Brozina Named CEO of Mark-Taylor Companies

    Chris Brozina Named CEO of Mark-Taylor Companies0

    Phoenix, Ariz. – Valley-based multifamily investment firm Mark-Taylor has named Chris Brozina its new Chief Executive Officer effective immediately. Brozina was most recently the executive vice president of Mark-Taylor Companies, which has ranked as the largest commercial developer, number one property manager, and top multi-family developer in Arizona consistently over the last eight years. “Chris has

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  • NorthMarq closes the 184-unit Sonora Vista Apartments for $22.5 Million

    NorthMarq closes the 184-unit Sonora Vista Apartments for $22.5 Million0

    Mesa, Ariz. – Sonora Vista Apartments, located at 9736 East Balsam Avenue in Mesa, Arizona sold this month for $22,500,000.  The NorthMarq team of Bill Hahn, Trevor Koskovich, and Jesse Hudson represented both the seller and the buyer in this transaction.   Mesa Leased Housing Associates II, LLC and entity formed by Dominium of Plymouth,

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  • IPA Sells $37.2 Million Apartment Complex in Central Phoenix

    IPA Sells $37.2 Million Apartment Complex in Central Phoenix0

    Pheonix, Ariz. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Monterra Apartment Homes, a 258-unit multifamily property in Phoenix, Arizona. The complex sold for $37.2 million, which equates to $144,186 per unit. “Drawn to the area by the increasing number of well-paying jobs, the Valley’s

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  • The Grove on Palm Lane in Phoenix Closes for $11.35 Million

    The Grove on Palm Lane in Phoenix Closes for $11.35 Million0

    Phoenix, Ariz. – Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of The Grove on Palm Lane.  Comprised 75,360 square feet, this multifamily property sold for $11.35 million ($150.61 PSF).  The property was completed in 2018 and is located on the northwest corner of

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  • NorthMarq Closes Solstice at Arcadia Apartments for $26.6 Million

    NorthMarq Closes Solstice at Arcadia Apartments for $26.6 Million0

    Phoenix, Ariz. – Solstice at Arcadia Apartments, located at 5401 East Thomas Road in Phoenix, sold this month for $26,600,000.  The NorthMarq Multifamily team of Bill Hahn, Trevor Koskovich, and Jesse Hudson represented both the seller and the buyer in this transaction. Tides at East Arcadia Owner, LLC, an entity form by Tides Equities, of

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  • CBRE Arranges Sale of 488-Unit Luxury Apartment Complex in Ahwatukee Foothills

    CBRE Arranges Sale of 488-Unit Luxury Apartment Complex in Ahwatukee Foothills0

    Phoenix, Ariz. – CBRE brokered the sale of San Melia, a 488-unit luxury multifamily community, located at 14435 S. 48th St. in Phoenix. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE Multifamily Institutional Properties in Phoenix represented the institutional seller, ChrisKen Group out of Chicago. Renovated in 2017, the Mark Taylor-built property

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