Business

  • SEATTLE INVESTOR PAYS $60 MILLION ($225,564 PER UNIT) FOR PHOENIX APARTMENTS

    0 Comments

    Phoenix – A company formed by PrivatePortfolio Group LLC in Seattle, Wa. (Jim Almon, principal) paid $60 million ($225,564 per unit) to purchase the 266-unit Elevation on Central apartments located at 4650 N. Central Avenue in Phoenix. The seller was Vedura Central LLC, formed by Vedura Residential in Scottsdale (Bruce Hart, Paul Fannin, Jason O’Clair, […]

  • Dealmakers: CBRE team brokers $199M in apartment sales

    0 Comments

    Apartment complexes in Chandler, Tempe and Phoenix recently have sold for a combined $199.4 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Peschbrokered each of the deals. • Scottsdale-based Everest Holdings bought the 512-unit Biscayne Bay apartments in Chandler for $71.5 million. The seller was Seattle-based PrivatePortfolio Group. The complex was built in […]