Colliers International HSK Multifamily Closes Solstice at Arcadia Condominiums

WWC Holdings LLC, Janet Trpin, principal, paid $9,300,000 ($69,924.81 per unit) to buy 133 units within the Solstice at Arcadia Condominium, located at 5401 E. Thomas Road, Phoenix.

Solstice

The entire complex comprises 181 condominiums.

The seller was a limited liability company, 54th Street Condos LLC, an affiliate of Owen Financial Group of Walnut Creek, California.

The transaction was brokered by Bill Hahn, Jeff Sherman and Trevor Koskovich (HSK) of Colliers International in Phoenix. Maricopa County records show the buyer acquired the property with a new loan funded by BCMP Mortgage Investment Company, an affiliate of a Canadian pension fund. The complex was built in 1979 and renovated in 2007.

Leave a Reply

Your email address will not be published. Required fields are marked *

9 + 8 =