Phoenix — August, 2021 — CBRE handled the sale of the 297-unit multifamily community Elevation San Tan on behalf of Vedura Residential to PrivatePortfolio Group LLC for $91.179 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional Properties represented the seller. Completed in 2021, Elevation San Tan is a […]
GILBERT – In the company’s eight nulti-family development and what will be its second in the San Tan Village mall area of Gilbert, Vedura Residential in Scottsdale (Bruce Hart, Paul Fannin, Jason O’Clair, principals) plans to develop a 214-unit apartment community on the northern edge of the San Tan Village outdoor lifestyle center. “We continue […]
PHOENIX – In a multi-family purchase with a price per unit more than twice than the company paid to buy its last Valley property, Virtue Investments LLC in Larkspur Calif. (Scott McWhorter, Michael Green, principals) paid $65,25 million ($280,043 dollars per unit) to acquire 233-unit Peak 16 luxury apartments located just north of Camelback Road […]
PEORIA – In teaming up to purchase their fourth multi-family asset in the Valley, a company formed by Blackstone Group L.P. in New Yourk City, N.Y. (NYSE:BX) and Olympus Property in Fort Worth, Tex. paid $69.9 million ($209,910 per unit) to buy the 333-unit Elevation Plaza Del Rio Residential…
Vedura Planning Sixth Multi-Family Project With Elevation Santan in Gilbert | Brewaz.com Publish Date: 07-13-2018 Volume XXIV Number:27 Gilbert- A joint venture by Vedura Residential in Scottsdale (Bruce Hart, Paul Fannin, Jason O’Clair, principals) plans to develop a 297-unit apartment complex south of the southeast corner of SanTan Village Parkway and Williams Field Road in […]
Peoria- A joint venture formed by Vedura Residential in Scottsdale (Bruce Hart, Paul Fannin, Jason O’Clair, principals) plans to develop 333 apartments within the Plaza del Rio community in Peoria. The multi-family complex, which has been 10 years in the making, is being developed on a 15.7-acre parcel located about a mile west of the […]
Publish Date 09.04.2015 Volume: XXI Number: 35 www.brewaz.com Chandler – A company formed by Olympus Property in Fort Worth, Tex. (Chandler Wonderly, Anthony Wonderly, principals) paid $28.7 million ($176,074 per unit) to acquire the 163 unit Elevation Chandler apartments at 2300 W. Pecos Road in Chandler. The seller was RVP Apartments L.P., a limited partnership […]
Publish Date 03.07.2014 Volume: XX Number: 9 www.brewaz.com Flagstaff – A company formed by EquiMark in Salt Lake City, Utah (Jed Millburn, principal) paid $41.3 million ($143.403 per unit) to purchase the 288 unit Elevation Flagstaff apartments at 5000 N.Mall Way in Flagstaff. The seller was a venture formed by Vedura Residential in Scottsdale (Bruce […]
By Patty Talahongva. June 2014. In the first week of May the construction fence went up and building started on what will be known as “Elevation Central,” a 266-unit, multi-family complex. Bruce Hart, an executive team member with Vedura Residential Operating LLC, says the development company plans to open in 15 months and all the […]
November 26th, 2013. Construction on a four story, 266-unit apartment complex in midtown Phoenix called Elevation Central is slated to begin this December on the southwest corner of Central and Highland avenues.Verdura Residential is the residential development company in charge of the complex, which will be located near two light rail stations – Campbell and Central, […]
By Keith Loria, Contributing Editor. April, 25, 2013. Chandler, Ariz.—Real Estate Capital Partners of New York and Vedura Residential of Scottsdale, Ariz., have formed a joint venture to develop Elevation Chandler, a 163-unit luxury apartment community located in Chandler, Ariz. Once completed, the community will offer one- and two-bedroom units in a serene desert oasis […]
By Amy Wolff Sorter | Phoenix | http://www.globest.com April, 25, 2013. CHANDLER, AZ-Real Estate Capital Partners’ and Vedura Residential’s partnership to build the 163-unit Elevation Chandler at 2300 W. Pecos Rd. was prompted, in part, by long-term ties. Elevation Chandler represents the 13th investment of RECAP’s Metropolitan Opportunity Fund III, and Vedura’s second planned “Elevation” branded multifamily […]