December 6, 2011

The Metro Phoenix Apartment Market (Q4 2011)

By | 2017-10-04T14:31:24+00:00 December 6th, 2011|

In the 4th quarter, there were 60 regular apartment sales (10 or more units) – similar to each previous quarter in 2011. Of these, half sold for more than $1M and 33 of the 60 were “all cash”. The 27 sales that had financing were mostly from new loans or restructured [...]

December 6, 2011

Apartment Market Q3 2011

By | 2017-10-04T14:31:07+00:00 December 6th, 2011|

Apartment sales in the 3rd quarter were similar volume to recent quarters with 61 regular sales (10+ units), three multi-property (portfolio) sales, seven partial condo sales, and six 3rd party trustee sales.  Of the 61 regular sales, 37 had new financing, seller or existing lender financing or assumptions of existing loans [...]