Dallas developer sells Scottsdale apartments for $260M
Dallas developer sells Scottsdale apartments for $260M
A Dallas developer has sold another of its apartment communities โ this time for $260 million, showing how hungry investors are for multifamily assets in metro Phoenix. Here's why.
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A Dallas developer has sold another of its apartment communities โ this time for $260 million, showing how hungry investors are for multifamily assets in metro Phoenix. Here's why.
A Dallas developer has sold another of its apartment communities โ this time for $260 million, showing how hungry investors are for multifamily assets in metro Phoenix. Here's why.
This marks the company's seventh transaction of the year.
This marks the company's seventh transaction of the year.
The firm acquired the property in May 2020, and after 23 months, it said the sale provided investor returns nearly five times larger than original projections.
The firm acquired the property in May 2020, and after 23 months, it said the sale provided investor returns nearly five times larger than original projections.
Nick Fluellen joined Marcus & Millichap in 2004 as a multifamily agent focused exclusively on assisting clients with the acquisition and disposition of multifamily properties. Since then, he has successfully closed more than 440 transactions totaling more than $3.1 billion in value. Nick Fluellen and his business partner, Bard Hoover, lead a team of over 20 agents and staff. In 2021, their team is leading all apartment brokers in Texas with of sales and listings. He discusses what to expect in T...
Nick Fluellen joined Marcus & Millichap in 2004 as a multifamily agent focused exclusively on assisting clients with the acquisition and disposition of multifamily properties. Since then, he has successfully closed more than 440 transactions totaling more than $3.1 billion in value. Nick Fluellen and his business partner, Bard Hoover, lead a team of over 20 agents and staff. In 2021, their team is leading all apartment brokers in Texas with of sales and listings. He discusses what to expect in T...
In-migration to Whatcom County from the Seattle and Vancouver metros have driven real estate inventory to "record lows," says the company's CEO, who expects the units to be in high demand.
In-migration to Whatcom County from the Seattle and Vancouver metros have driven real estate inventory to "record lows," says the company's CEO, who expects the units to be in high demand.
This newly built mountaintop home is located at 21264 N 113th Place in Scottsdale, Arizona and is situated on over 4 acres of land.ย
The post Scottsdale, Arizona New Build Sells For $28 Million (PHOTOS) appeared first on Homes of the Rich.
This newly built mountaintop home is located at 21264 N 113th Place in Scottsdale, Arizona and is situated on over 4 acres of land.ย
The post Scottsdale, Arizona New Build Sells For $28 Million (PHOTOS) appeared first on Homes of the Rich.
Arizona just saw its priciest home sale ever. In Scottsdale, a 21,000-square-foot mega-mansion has traded hands for $28.1 million. It shatters the previous record, which was set in 2020 when another Scottsdale mansion sold for $24.1 million. Fittingly named Altitude, the prized property spans nearly 5 acres and sits atop a peak in the Summit at Silverleaf community. Walls of glass take in sweeping views of the city and valley below, and out back, a scenic fire pit hovers above the swimming pool....
Arizona just saw its priciest home sale ever. In Scottsdale, a 21,000-square-foot mega-mansion has traded hands for $28.1 million. It shatters the previous record, which was set in 2020 when another Scottsdale mansion sold for $24.1 million. Fittingly named Altitude, the prized property spans nearly 5 acres and sits atop a peak in the Summit at Silverleaf community. Walls of glass take in sweeping views of the city and valley below, and out back, a scenic fire pit hovers above the swimming pool....
Innovan Neighborhoods founder and managing partner Maggie Parker said the firm is looking for developers who already have community-oriented projects in their pipeline.
Innovan Neighborhoods founder and managing partner Maggie Parker said the firm is looking for developers who already have community-oriented projects in their pipeline.
The seller's family owns the building that houses the headquarters of the NFL.
The seller's family owns the building that houses the headquarters of the NFL.
This Scottsdale developer is going big on the rapidly growing build-to-rent sector. But the company is setting itself apart by focusing on the luxury end, offering resort-like amenities in its communities. Here's the timeline for the firm's latest project, this time in the southeast Valley.
This Scottsdale developer is going big on the rapidly growing build-to-rent sector. But the company is setting itself apart by focusing on the luxury end, offering resort-like amenities in its communities. Here's the timeline for the firm's latest project, this time in the southeast Valley.