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Phoenix-Area Asset Changes Hands for $61M

A joint venture between Ascent Equity Group and Sunrise Multifamily has acquired Cabana Encanto, a 286-unit community in Goodyear, Ariz. ....

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Institutional Property Advisors Closes $61 Million Multifamily Asset Sale in Greater Phoenix

Institutional Property Advisors , a division of Marcus & Millichap , announced today the sale of Cabana Encanto, a 286-unit attainable housing asset in Goodyear, Arizona. The $61 million sale price. ....

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Institutional Property Advisors Closes $61 Million Multifamily Asset Sale in Greater Phoenix

Institutional Property Advisors Closes $61 Million Multifamily Asset Sale in Greater Phoenix
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RSN Property Group Buys The Gallery Apartments in Tempe, Arizona for $20.3M

RSN Property Group Buys The Gallery Apartments in Tempe, Arizona for $20.3M
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Avanti Residential Completes $41.6 Million Disposition of 193-Unit Dwell Apartment Community in South Scottsdale Market

SCOTTSDALE, AZ - Avanti Residential has sold the vibrant 193-unit Dwell Apartment Homes for $41.6 million to Chicago-based 29th Street Capital. The sale allows Avanti to realize its investment objective for the property and continue to reallocate the firm’s 9,000-unit apartment portfolio toward newer core-plus properties nationwide.
The authentic mid-century project is located near the intersection of Scottsdale and McDowell Roads and benefits from Scottsdale’s high-end employment,. ....

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