Multi-Family Archives

IPA arranges $26M sale of Adobe Ridge in Glendale

Adobe_Ridge_Night_13_med, WEB
by in AZRE Magazine | Brokerage | Featured

Institutional Property Advisors (IPA), a brokerage division of Marcus & Millichap serving the needs of institutional and major private investors, has arranged the sale of Adobe Ridge, a 224-unit apartment complex in Glendale, Ariz. The $26,050,000 sales price equates to $116,000 per unit. IPA senior director Steve Gebing and Marcus & Millichap vice president investments… Read More →

CBRE reports recent multi-family transactions

by in AZRE Magazine | Brokerage

CBRE has negotiated the following multi-family sales transactions: 7102 North 43rd Avenue Partners, LLC of Denver, Colo. has purchased the Paradise Vista apartment complex, a 352-unit multi-family property located at 7102 N. 43rd Ave. in Glendale, Ariz., from Paradise Vista Affordable Apartments, LLC of San Diego, Calif. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix… Read More →

AMA honors communities, leaders at annual Tribute Awards

Liv Avenida, IPA Management, which won the Developer’s Award for Best Community built in 2012-2013.

The multihousing industry has had a remarkable year of renewed optimism in the housing and rental markets. The Arizona Multihousing Association brings apartment industry leaders together for one night a year at its annual Tribute Gala to celebrate the successes of the teams, individuals, volunteers and communities that are best in class. On Thursday night,… Read More →

Deco Communities announces Edison Midtown in Phoenix’s Central Corridor

Courtesy of Deco Communities

Midtown Phoenix is getting a hip new neighbor. Scottsdale-based Deco Communities has closed on a key parcel of land that will be transformed into Edison Midtown, a new urban contemporary condominium in the heart of Phoenix’s urban core. Located at 2346 N. Central Ave. the address says it all, Edison is central to Midtown’s buzzing… Read More →

TDI Begins Construction of Jefferson on Legacy

Jefferson on Legacy, WEB

TDI Real Estate Holdings LLC, a developer of Class-A multi-family housing, has begun construction on the second  phase of a project that will bring up to 750 units of luxury housing to Scottsdale.  Construction of Jefferson on Legacy is presently underway on 322 units scheduled for completion in 2015. The site is located within the… Read More →

New to Market: The Lofts at Hayden Ferry

A1 Project Data _ Layout
by in Business News

Project Name: The Lofts at Hayden Ferry Developer: OliverMcMillan General Contractor: Adolfson & Peterson Construction Architect: Pappageorge Haymes Partners / Todd & Associates Location & City (major crossroads/exact address): 260 Rio Salado Parkway, Tempe, Arizona Size (SF): 497,000 SF Value: $40M Estimated start and completion dates (by month or quarter): June 2014 / December 2015… Read More →

Best Multi-Family Project 2011

RED Awards Banner
by in Events | Real Estate

Vi at Silverstone Developer: The Plaza Companies Contractor: Summit Builders Architect: DAVIS Size: 735,651 SF Location: 23005 N. 74th St., Scottsdale Completed: March 2010 Vi at Silverstone is a new, continuing care retirement community on a 35-acre campus. It consists of a 4-story, 467,857 SF main lodge building with 203 independent living units, an underground… Read More →