Goodman Real Estate, a Seattle-headquartered real estate investment company specializing in multifamily and commercial real estate, has acquired Town Deer Valley Apartments, a 388-unit Class A property located in Phoenix, for $131.1 million.
The sale was facilitated by Institutional Property Advisors (IPA) Phoenix, who served as the selling broker. The deal was further supported by Walker & Dunlop, who provided financing solutions for the transaction.
“Town Deer Valley Apartments aligns with our purpose of building and investing in purposeful communities,” said John Goodman, founder of Goodman Real Estate. “The property offers not only beautiful living spaces but also a strong foundation for enhancing the lives of our residents. We are excited to play an integral role in contributing to the ongoing growth and vibrancy of Phoenix.”
Photo: Related Group
