PHOENIX, May, 2021 Bear Holdings Group, based on Phoenix, AZ, has sold six multi-family properties (Phoenix 6) in Greater Phoenix for a price of $120,000,000 to a Denver-based investor, PaulsCorp, LLC. The communities are all situated at in-fill locations within the nation’s fastest-growing large metro area. Phoenix is now the top MSA for rent growth […]
Phoenix, August, 2018 – The Terraces at Glassford Hill apartments in Prescott Valley have been sold to California-based Virtú Investments for $47,350,000 which is $209,530 per unit. “The Terraces is irreplaceable with it’s unique location positioned on top of Glassford Hill. The fantastic views overlooking Prescott Valley combined with Class A quality design provides consistently […]
Phoenix, October 2017 – Bear Holdings Group and their partners have completed the sale of the 288-unit Dunlap Falls Apartments at 3333 W. Dunlap Ave. for $22,600,000. Dunlap Falls is located in the Metrocenter submarket in central Phoenix. The property, offered by Colliers International, was purchased by two California-based partnerships as their first acquisition in […]
Closed sale of 267-unit Pines At Pennfield in Battle Creek, MI. The property was acquired by the group in 2009. A $2M renovation was completed and occupancy was brought from 68% to 95%.
