• $10.8 Million Loan For 32 Arcadia Apartments

    $10.8 Million Loan For 32 Arcadia Apartments0

    Churchill Commercial Capital has arranged a $10,800,000 million loan for the acquisition of 32 Arcadia apartments, a 104-unit apartment community located in Phoenix, Arizona. 32 Arcadia was originally built in 1972 as a hotel and was fully renovated in 2019 as all one bedroom apartments with washers & dryers in each unit. Churchill was able

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  • Marcus & Millichap Arranges the Sale of Torrey Pines Villas, a 70-Unit Apartment Community in Glendale

    Marcus & Millichap Arranges the Sale of Torrey Pines Villas, a 70-Unit Apartment Community in Glendale0

    Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Torrey Pines Villas , a 70-unit apartment property located in Glendale, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $8,300,000. “Given the property’s Central

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  • 32 Arcadia, 104-Unit Multifamily Community in Phoenix Sells for $14.8 Million

    32 Arcadia, 104-Unit Multifamily Community in Phoenix Sells for $14.8 Million0

    32 Arcadia, a 104-unit multifamily community, located at 3211 E. Pinchot Avenue in Phoenix, Arizona, has sold for $14,800,000. The buyer was Cowabunga Two, LLC, a private capital family office that focuses on acquiring urban infill sustainable communities. The seller was Moderne Living, a multifamily renovation and development company. Kidder Mathews’ multifamily investment broker, Karl

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