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01 Jul Avenue North Sells 80 Unit Build For Rent Community

Posted at 17:36h in Uncategorized

July 2023 Scottsdale-based Avenue North LLC just sold its 80-unit south Phoenix build-to-rent community, Proximity Baseline, for $27.2 million, according to Tempe-based Vizzda LLC real estate database. An entity tracing to CVG...

01 May Avenue North Sells 7 acres to Rockefeller Group

Posted at 17:34h in Uncategorized

May 2023 Long known for developing industrial and office projects in metro Phoenix, New York-based Rockefeller Group is getting into the build-to-rent sector. The developer of several industrial and retail projects in...

01 Oct Avenue North sells Phoenix Luxury Community for $30M

Posted at 17:32h in Uncategorized

October 2022 Avenue North has sold Proximity on 16th, an 85-unit luxury single-family rental community located at 7500 S. 16th St., to Bridge Founders Group for $30.1 million. A Phoenix-based Northmarq...

06 May Scottsdale-based build-to-rent developer starts third-party construction firm

Posted at 22:01h in Uncategorized

May 2022 Avenue North, which has been busy developing $200 million build-to-rent communities in south Phoenix, has launched a construction company to build projects for other developers and owners. The goal of this...

18 Apr AVENUE NORTH SECURES $20 Million CONSTRUCTION FINANCING

Posted at 23:13h in Uncategorized

Apr 2022 Tower Capital arranged more than $20 million in non-recourse construction financing for Proximity 7th, a build-to-rent (BTR) multifamily community being developed by Avenue North real estate investments in Phoenix....

18 Dec AVENUE NORTH ACQUIRES 4 ACRES IN PHOENIX, AZ

Posted at 23:11h in Uncategorized

Dec 2021 Avenue North, LLC acquired 4 acres at the northwest corner of 36th St & Southern Avenue in Phoenix, AZ. The acquisition included 3 separate parcels and is located on...