Here are the 10 Biggest Investment Real Estate Deals From June

Article originally posted on AZ Big Media on July 9, 2021

The Arizona Investment real estate industry is red-hot right now, ranking among the best markets for multifamily sales in the nation. Those rankings are backed up by the biggest Investment real estate deals in Metro Phoenix, according to data collected by the Investment real estate tracking website Vizzda. Here are the 10 biggest Investment real estate deals in Arizona that closed in June.

1. Camelback Colonnade: $162,500,000

Location: 4724 N. 20th St., Phoenix

Buyer: Federal Realty Investment Trust

Seller: RED Development

2. Centra Apartments: $74,500,000

Location: 3601 N. Central Ave., Phoenix

Buyer: MG Properties

Seller: Fore Property Company

3. Level at Sixteenth: $69,100,000

Location: 1550 E. Campbell Ave., Phoenix

Buyer: Sares-Regis Group

Seller: Abacus Capital Group

4. Aura on Broadway: $64,750,000

Location: 1221 E. Broadway Rd., Tempe

Buyer: Decron Properties

Seller: Brass Enterprises

5. Sierra Pines Apartments: $55,000,000

Location: 9422 N. 31st Ave., Phoenix

Buyer: Kohlberg Kravis Roberts & Co.

Seller: Western Wealth Capital

6. The Villas at Mountain Vista: $55,000,000

Location: 16630 N. Reems Rd., Surprise

Buyer: Capital Real Estate

7. Desert Garden Apartments: $47,550,000

Location: 13517 W. Glendale Ave., Glendale

Buyer: Tides Equities

Sellers: Amy and Marco Lizardi

8. Westcreek Apartments: $41,000,000

Location: 4040 W .Peoria Ave., Phoenix

Buyer: Greenwater Investments

Sellers: Suzana McCoy and Urania Pinheiro

9. Daybreak Place Apartments: $37,980,000

Location: 815 E. Bethany Home Rd., Phoenix

Buyer: S2 Capital

Seller: John S. Johnson

10. Clarendon Park Apartment Homes: $37,250,000

Location: 222 W. Clarendon Ave., Phoenix

Buyer: Liptz & Associates Inc.

Seller: 3rd Ave Investments