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Teague

Phoenix leads nation in expected apartment deliveries in 2022, report says

May 8, 2022 by Teague

The Valley is one of only two markets in the country set to deliver more than 20,000 apartment units in 2022, according to a national report by Texas-based RealPage. Here’s how the numbers break down.

Filed Under: Uncategorized

The Valley’s top multifamily deals of 2021: Biggest transaction sold for $414.5M

May 8, 2022 by Teague

It was a big year for multifamily transactions in metro Phoenix. Here are the biggest deals, along with look at what’s expected for 2022.

Filed Under: Uncategorized

ABI Multifamily sells Phoenix multifamily portfolio for $414.5M

May 8, 2022 by Teague

ABI Multifamily announced the sale of the Metro Phoenix 5 Portfolio, one of the largest marketed Arizona multifamily portfolio sales to date, for a combined $414,500,000 between five properties and 1,448 multifamily units in Chandler, Gilbert, & Mesa, Arizona.

Filed Under: Uncategorized

NorthMarq Arranges $25.5M Sale of Meadows Apartments in Phoenix

May 8, 2022 by Teague

GFT Investments I LLC, an entity formed by trustee Roger Grove, sold the asset to Phoenix-based 3rd Ave Investments LLC, led by Zev Hendeles, for $25.5 million.

Filed Under: Uncategorized

NorthMarq sells and finances the Soleil Apartments for more than $40M

May 8, 2022 by Teague

The 188-unit Soleil apartment community, built in 1995, comprises 47 percent one-bedroom units, 47 percent two-bedroom units, and 6 percent three-bedroom units.

Filed Under: Uncategorized

Solano Vista in Glendale sells for $30.75M

May 8, 2022 by Teague

CBRE has negotiated the $30.75 million sale of the 352-unit Glendale, Arizona apartment community Solano Vista. 

Filed Under: Uncategorized

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3rd Ave Investments is a real estate investment and management firm specializing in the acquisition and re-positioning of Arizona and Nevada multifamily assets through a value-add private equity fund structure.

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645 E. Missouri Ave., Suite 170
Phoenix, AZ 85012

+1 (602) 368-4446

info@3rdaveinvestments.com

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