jeffreyryanlivingston@gmail.com

SB Real Estate Partners Expands Its Burgeoning Portfolio

Multifamily Investment Firm Purchases 128-unit Apartment Community for $27.5 Million PHOENIX — October 4, 2021 — SB Real Estate Partners “SBREP” has acquired East 3434 Apartments, a Class B, 128-unit garden-style apartment community located in Phoenix, Ariz., for $27.5 million. The property has been renamed Portola at Papago, and SBREP intends to execute a $2 […]

SB Real Estate Partners Expands Its Burgeoning Portfolio Read More »

SB Real Estate Partners Expands Phoenix Portfolio

SBREP purchases 126-unit community for $24.3 million, rebrands as Portola East Mesa MESA, Ariz. — September 21, 2021 — SB Real Estate Partners (“SBREP”) has acquired ReNew 3030, a Class B, 126-unit garden-style apartment community located in Mesa, Arizona, for $24.3 million. The property was renamed Portola East Mesa and will undergo a capital improvement

SB Real Estate Partners Expands Phoenix Portfolio Read More »

Casa Anita is SB Real Estate’s Second West Valley Acquisition

By Paul Bubny Casa Anita Apartments – a 224-unit multifamily community located in the West Valley submarket of Phoenix – was recently acquired by SB Real Estate Partners (SBREP) for $35.3 million. This acquisition presents yet another significant value-add opportunity within this pocket of Phoenix, said Srijin Bandyopadhyay, managing principal at Irvine, CA-based SBREP. The

Casa Anita is SB Real Estate’s Second West Valley Acquisition Read More »

SB Real Estate Partners Announces Acquisition of 224-Unit Casa Anita Apartment Community in Phoenix’s West Valley for $35.3 Million

IRVINE, CA – SB Real Estate Partners (SBREP) has announced the purchase of Casa Anita Apartments – a 224-unit multifamily community located in the West Valley submarket of Phoenix – for $35.3 million. The property had previously been under private ownership with a California-based family since 2005. SBREP will rebrand the property as Portola West

SB Real Estate Partners Announces Acquisition of 224-Unit Casa Anita Apartment Community in Phoenix’s West Valley for $35.3 Million Read More »

California Investor Pays $35 Million for Apartments in Phoenix’s West Valley

West Valley Multifamily Sales Pick Up After Investors Hit Pause Due to Pandemic By Randyl Drummer An apartment investment company bought the 224-unit Casa Anita apartments in the West Valley of Phoenix for $35.3 million, as renter and investor interest grows in the area. A private investor, based in Scottsdale, Arizona, sold the property at 1801

California Investor Pays $35 Million for Apartments in Phoenix’s West Valley Read More »

SB Real Estate Partners Acquires Casa Anita Apartments in Phoenix’s West Valley for $35.3 Million

PHOENIX – SB Real Estate Partners (SBREP) has announced the purchase of Casa Anita Apartments – a 224-unit multifamily community located in the West Valley submarket of Phoenix – for $35.3 million. The property had previously been under private ownership with a California-based family since 2005. SBREP will rebrand the property as Portola West Valley. Following SBREP’s recent

SB Real Estate Partners Acquires Casa Anita Apartments in Phoenix’s West Valley for $35.3 Million Read More »

SB Real Estate Partners buys Casa Anita Apartments for $35M

SB Real Estate Partners (SBREP) has announced the purchase of Casa Anita Apartments – a 224-unit multifamily community located in the West Valley submarket of Phoenix – for $35.3 million. The property had previously been under private ownership with a California-based family since 2005. SBREP will rebrand the property as Portola West Valley. Following SBREP’s

SB Real Estate Partners buys Casa Anita Apartments for $35M Read More »

IPA sells Sonoma Sol for $32.25M

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Sonoma Sol, which will be renamed “Cordova Apartments,” a 320-unit multifamily property in Phoenix’s West Valley. The asset sold for $32.25 million, or $100,781 per unit. “The property benefits from its location near the Southwest Valley Industrial Corridor

IPA sells Sonoma Sol for $32.25M Read More »