The Canyons Archives

Transwestern Brokers $50M Sale of Phoenix Multi-Family Community

by in Brokerage | Business News

  Transwestern brokered the sale of The Canyons, a 629-unit apartment community at 19940 N. 23rd Ave. in Phoenix. An entity formed by Alliance Residential Co. purchased the property for $50M, or approximately $80,000 per unit. It was sold by Denver-based Continental Realty Advisors, which purchased the property in 2010 for $45.5M and infused $1.3M… Read More →