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For West 5th Apartments
in Tempe, AZ

Property Type: Multi-Family

Transaction Contacts

  • Adam Parker
    Phoenix Office
    (602) 374-2100

  • Michael Heagerty
    San Francisco Office
    (415) 956-7600

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Newmark has arranged financing in the amount of $5,3620,000, secured by a 44-unit multifamily property located in Tempe, AZ. The asset was originally constructed in 1973 and completely renovated in 2015/16. At closing, the property had just recently achieved stabilization which was one of the challenges associated with the assignment.

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