• Marcus & Millichap Arranges the Sale of Madison on Sierra Vista

    Marcus & Millichap Arranges the Sale of Madison on Sierra Vista0

    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 Madison on Sierra Vista, a four-unit apartment community located in Phoenix. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $650,000. Paul Bay, investment specialist

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  • ABI Multifamily Brokers East Phoenix Apartment Community for $3.7 Million

    ABI Multifamily Brokers East Phoenix Apartment Community for $3.7 Million0

    ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is proud to announce the $3,700,000 / $284,615 per Unit sale of Mode 39 Arcadia Townhomes, a 13-unit property in Phoenix. Mode 39 Arcadia Townhomes is located near the Arcadia area of Phoenix in the highly sought-after 85018 zip code, a short drive away from the heart of

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  • Marcus & Millichap Sells San Marina, a Phoenix Multifamily Property for $26,375,000

    Marcus & Millichap Sells San Marina, a Phoenix Multifamily Property for $26,375,0000

    Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of San Marina Apartments, a 400-unit apartment complex located in Phoenix, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset commanded a sales price of $26,375,000. Rich Butler, a

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  • Tower Capital Arranges $26.1M for Two Multifamily Properties

    Tower Capital Arranges $26.1M for Two Multifamily Properties0

    Despite volatility in the marketplace caused by the COVID-19 pandemic, Tower Capital, an independent structured finance firm, arranged two acquisition loans totaling $26,190,000 for multifamily properties in Phoenix.  Tower Capital arranged $21.5M for San Marina, a 400-unit, affordable housing apartment complex featuring gated access, a heated swimming pool, spa, basketball court, on-site laundry facility, and covered

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  • NorthMarq Sells and Finances Rancho Del Mar Apartments for $19.1 Million During Challenging Market Conditions

    NorthMarq Sells and Finances Rancho Del Mar Apartments for $19.1 Million During Challenging Market Conditions0

    Rancho Del Mar Apartments, 312-units located near Campbell Avenue and South of Drexel Road in Tucson, sold on March 23 for $19,100,000. NorthMarq’s Phoenix Investment Sales team led by Trevor Koskovich, president; Jesse Hudson, vice president; and Bill Hahn, executive vice president, brokered the sale and represented both buyer and seller in this transaction.  

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  • NKF Closes $14.3 Million Sale of Glendale Multifamily Property

    NKF Closes $14.3 Million Sale of Glendale Multifamily Property0

    Newmark Knight Frank (NKF) Multifamily announces the $14.3 million sale of Royal Palms, located at 5902 West Royal Palm Road in Glendale, Arizona. Senior Managing Director Brett Polachek, Director Chris Canter and Executive Managing Director Brad Goff represented the seller, 5902 Royal Palms LP, in the sale of the 138-unit property to an undisclosed buyer.

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