By admin
PHOENIX, Feb. 24, 2025 /PRNewswire/ — Goodman Real Estate announces its latest milestone—the $131.1 million acquisition of Town Deer Valley Apartments, a premier 388-unit Class A property located in Phoenix, Arizona.
This latest acquisition reflects Goodman Real Estate’s continued efforts to expand its portfolio with premium residential properties in high-growth markets. Town Deer Valley Apartments, known for its modern amenities and prime location, is a testament to the company’s focus on creating well-built, sustainable, and thriving communities that elevate the resident experience.
“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.”
The sale was facilitated by Institutional Property Advisors (IPA) Phoenix, who served as the selling broker. Their expertise and industry insight were instrumental in achieving a seamless transaction. The deal was further supported by Walker & Dunlop, who provided financing solutions to bring the project to fruition. These partnerships underscore the collaborative efforts behind this significant milestone.
Located in a highly desirable area with convenient access to employment hubs, shopping, dining, and recreational options, Town Deer Valley offers residents a thoughtful balance of comfort and convenience. The property features luxurious amenities such as resort-style pools, state-of-the-art fitness facilities, and beautifully landscaped grounds. Each unit is designed with high-end finishes and spacious floor plans, catering to the needs of modern living.
Goodman Real Estate looks forward to integrating Town Deer Valley Apartments into its existing portfolio and leveraging its expertise to build stronger, healthier, and more connected communities.
About Goodman Real Estate
Founded in 1990 by John Goodman, Goodman Real Estate, Inc. (GRE) is a leading privately held full-service real estate investment company specializing in multifamily and commercial real estate. Headquartered in Seattle, Washington, GRE maintains a diversified portfolio of more than 10,000 residential units across the United States. With managed assets valued at more than $3.2 billion, this portfolio spans the spectrum of risk-adjusted investments; multi-family, construction, hotels, and resorts; office and retail buildings; land development, and structured investments.
SOURCE Goodman Real Estate
