• Marcus & Millichap Arranges the Sale of Verde Vista, a 181-Unit Apartment Complex in Phoenix, AZ

    Marcus & Millichap Arranges the Sale of Verde Vista, a 181-Unit Apartment Complex in Phoenix, AZ0

    PHOENIX, ARIZ. – 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 Verde Vista, a 181-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 $10,600,000 or $58,564 per unit.

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  • Majestic Palms sells to seasoned buyer for $1.9M in Phoenix

    Majestic Palms sells to seasoned buyer for $1.9M in Phoenix0

    PHOENIX, ARIZ. – Multifamily advisor, Danny Lee has been a long-time sales investment advisor to sellers and buyers here in the valley.  His most recent sale located on 32nd st. just south of Thomas Rd. comes in with a sale price of $1.94M.  The property is just north of the 202 Red Mountain Fwy surrounded by several

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  • NorthMarq arranges $8.5M refinance of Napa Place Apartments

    NorthMarq arranges $8.5M refinance of Napa Place Apartments0

    PHOENIX, ARIZ. –James DuMars, senior vice president/managing director and Griffin Martin, senior producer in NorthMarq’s Phoenix-based regional office, negotiated the $8,500,000 refinancing of Napa Place Apartments, a 100-unit multifamily property located at 11600 North 75thAvenue in Peoria, Arizona. The transaction was structured with a 10-year term with 5-years interest-only followed by a 30-year amortization schedule.

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