Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PHOENIX-A Los Angeles-based realty firm, Summit Equity Investments Inc. has acquired the 672-unit Autumn Ridge apartments in Phoenix at 1944 Thunderbird Road from Irvine-based ANF Autumn Ridge LLC for $27 million.

The complex on a 31-acre site comprises 75 buildings and was 91% engaged during the time of acquisition. In the transaction, Greater Phoenix office of Colliers International represented both the buyer and the seller. Preferred Capital Advisors also represented the buyer in the deal. For the full story, go to Phoenix Business Journal.

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.