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Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million

Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million

by Phil Hall | Apr 7, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Neighborhood Ventures, an Arizona-based real estate crowdfunding company, has acquired Venture on 52nd Street, a foreclosed 71-unit multifamily property in the Arcadia neighborhood of Phoenix, for $11 million. The transaction marks the second time Neighborhood...
Crowdfunding Company Acquires Distressed Phoenix Multifamily Property

Crowdfunding Company Acquires Distressed Phoenix Multifamily Property

by Phil Hall | Dec 13, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Neighborhood Ventures, an Arizona-based real estate crowdfunding company, is acquiring Venture on Colter, a distressed 123-unit multifamily property in Central Phoenix. The property, formerly known as Thom Slate on Colter, is being purchased directly from the lender...

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