Institutional Property Advisors announced sale of The Moderne, a 369-unit mid-rise multifamily asset in Scottsdale, Ariz., developed by JLB Partners. The $260 million sales price equates to $704,607 per unit. The transaction is the largest single asset core multifamily sale in Arizona history.
Tag: Steve Gebing

Dealmaker: Institutional Property Advisors Closes $107M in Multifamily
Institutional Property Advisors, Ontario, Calif., sold two Phoenix-area multifamily properties in transactions totaling $107.3 million.

Dealmaker: Institutional Property Advisors Brokers $101M in Apartment Sales
Institutional Property Advisors, Calabasas, Calif., closed multifamily property sales totaling $101.1 million.

Dealmaker: Institutional Property Advisors Closes $40M in Retail, Multifamily Transactions
Institutional Property Advisors, Calabasas, Calif., closed $39.8 million in retail and multifamily transactions in Rhode Island and Arizona.

Dealmaker: Institutional Property Advisors Brokers $68M in Property Sales
Institutional Property Advisors, Calabasas, Calif., closed retail and multifamily transactions totaling $68.4 million.

Dealmaker: Institutional Property Advisors Closes $111M in Multifamily Transactions
Institutional Property Advisors, Calabasas, Calif., closed two multifamily transactions totaling $110.9 million.

Dealmaker: Institutional Property Advisors Completes $152M in Apartment Asset Sales
Institutional Property Advisors, Calabasas, Calif., brokered $151.8 million in Phoenix-area multifamily asset sales.

Dealmaker: IPA Brokers $155M in Multifamily Sales
Institutional Property Advisors, Ontario, Calif., brokered $155 million in multifamily property sales in Phoenix and Los Angeles.