• Berkadia Completes Sale and Secures Acquisition Financing for Multifamily Property

    Berkadia Completes Sale and Secures Acquisition Financing for Multifamily Property0

    PHOENIX, ARIZ. – Berkadia today announced the sale of Salado Springs, a 144-unit garden-style multifamily property in Tempe, Arizona. Senior Managing Directors Mark Forrester and Ric Holway and Senior Director Dan Cheyne of Berkadia’s Phoenix office secured the sale on behalf of the seller, an entity of California-based Sares Regis Multifamily Value Add Fund. The buyer was

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  • CBRE Arranges Sale of Denim Scottsdale Apartments

    CBRE Arranges Sale of Denim Scottsdale Apartments0

    Phoenix, Ariz. – CBRE arranged the sale of the 644-unit multifamily community Denim Scottsdale on behalf of TruAmerica Multifamily to Bluerock Real Estate. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional Properties represented the seller, TruAmerica Multifamily. Located at 7791 E. Osborn Road in Scottsdale, Arizona, Denim Scottsdale is

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  • TruAmerica Multifamily Acquires Multifamily Property in Phoenix for $77.26 Million

    TruAmerica Multifamily Acquires Multifamily Property in Phoenix for $77.26 Million0

    Phoenix, AZ & Los Angeles, CA – TruAmerica Multifamily, which owns and operates nearly 2,000 multifamily units in Phoenix AZ, has acquired Covington Park, a 520-unit garden-style apartment community for $77.26 million. Built in 1999, Covington Park is located in Phoenix’ Northwest Corridor.   It is one of the newest communities in the submarket, with much

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