CBRE negotiated the $82.15 million sale of Tresa at Arrowhead, a 360-unit multifamily community located in Glendale, Arizona. CBRE’s Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen represented the seller, San Francisco-based Hamilton Zanze. TerraCap Management acquired the community. CBRE Debt & Structured Finance arranged financing for the buyer.
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“Tresa at Arrowhead generated strong interest due to its location within one of the West Valley’s most established and supply‑constrained submarkets,” said Pesch, vice chairman at CBRE. “The Arrowhead area continues to attract both institutional and private capital, and this transaction reflects sustained demand for well‑operated multifamily assets in the West Valley with long‑term growth fundamentals.”…