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CIM Group and Tides Equities Acquire Largest Market Rate Apartment Community in Phoenix Market With 1,012-Unit Del Mar Terrace

PHOENIX, AZ - CIM Group, a community-focused real estate and infrastructure owner, operator, lender, and developer, in partnership with Tides Equities, a leading investment firm specializing in value-add multifamily real estate throughout the Western U.S., announces that it has acquired Del Mar Terrace, a 1,012-unit apartment community in Phoenix, Arizona in a $255 million off-market transaction. Del Mar Terrace is the largest market rate apartment community, based on unit count, in the greater. ....

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Northmarq's Phoenix Investment Sales Team Brokers and Finances $255 Million Sale of Del Mar Terrace Apartments in West Valley

PHOENIX, AZ - Northmarq Phoenix’s Investment Sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle represented Tide Equities, LLC in the $255 million ($251,976 per unit) purchase of Del Mar Terrace, a 1,012-unit multifamily community located at 7007 W. Indian School Road in Phoenix. Northmarq Dallas’s Debt & Equity team of Loren Heikenfeld, Kevin Leamy, Jeff Erxleben, Lauren Bresky and Joel Heikenfeld provided bridge loan financing and buyer’s equity for. ....

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CIM Group and Tides Equities Complete Acquisition of The Largest Market Rate Apartment Community in Phoenix, Arizona

PHOENIX, AZ - CIM Group, a community-focused real estate and infrastructure owner, operator, lender, and developer, in partnership with Tides Equities, a leading investment firm specializing in value-add multifamily real estate throughout the Western U.S., announced that it has acquired Del Mar Terrace, a 1,012-unit apartment community in Phoenix, Arizona in a $255 million off-market transaction. Del Mar Terrace is the largest market rate apartment community, based on unit count, in the greater. ....

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Northmarq sells Del Mar Terrace in West Valley for $255M

Northmarq Phoenix’s Investment Sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle sold Del Mar Terrace. ....

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Tides Equities buys Del Mar Terrace in West Valley for $255 million

Tides Equities buys Del Mar Terrace in West Valley for $255 million
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