• California Investor Buys $11 Million Sage Condominiums in Mesa

    California Investor Buys $11 Million Sage Condominiums in Mesa0

    Strong Fundamentals of Multifamily Market in Greater Phoenix Attract Investors Phoenix, Arizona – Stratford Partners of Del Mar, CA has purchased the Sage Condominiums at 1101 S. Sycamore Ave. in Mesa for $11 million. “The buyer acquired this asset for long-term cash flow, given the strong fundamentals of the Greater Phoenix rental market and low

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  • 192-Unit, Value-Add Apartment Complex in Sierra Vista, AZ Sells for $13.9 Million

    192-Unit, Value-Add Apartment Complex in Sierra Vista, AZ Sells for $13.9 Million0

    Phoenix, Arizona – Montego Bay Apartments, a 192-unit complex located at 409 S. Lenzner Avenue in Sierra Vista, Arizona, has sold for $13,912,500. The seller was CW Capital Commercial Real Estate Services, a loan servicing company that provides maximization services and solutions for their clients throughout the investment cycle. The buyer was DLP Capital Partners, a

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  • CBRE Arranges $46 Million Sale of FIVE46 Apartments

    CBRE Arranges $46 Million Sale of FIVE46 Apartments0

    Phoenix, Arizona – CBRE has arranged the sale of the 320-unit multifamily community FIVE46 on behalf of a joint venture between Security Properties and funds managed by Oaktree Capital Management, L.P. to S2 Capital for $46 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional Properties represented the sellers,

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