Rise at the Lofts | Phoenix, AZ

[Zach Haptonstall]

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $25,200,000
Cash invested: $9,975,000

Rise at the Lofts
550 E Earll Dr Phoenix, Arizona 85012
Formerly Known As Plaza 550
Units 92
Acquisition Date 28-Jan-2022
Purchase Price $25.2M
Invested Capital $9.975M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 92 1B
Projected Hold 2-5 Years