Sales Summit Brookwood I LLC and Pacific Brookwood LLC of Los Angeles bought an apartment complex at 201 S. Kolb Road for $11.5 million from Desert Pines Properties LLC. 813 Corp., of Rio Verde, Ariz., bought commercial property at 8980 E. Tanque Verde Road from PRM Catalina & Tanque Verde LLC of Phoenix for $3.9 million.
WASHINGTON — Renewal of important expired federal tax benefits for homeowners took a major step forward in the last two weeks, but the route to final congressional approval is beginning to look longer — and potentially bumpier — than previously expected.
The number of foreclosures on Pima County homeowners in the first quarter of 2014 was at the lowest level since the recession began. Records from the Pima County Recorder’s Office show 740 foreclosures in the first three months of the year.
Starwood Hotels announced Tuesday it has sold Aloft Tucson University for $19 million, and that the midtown hotel will keep the Aloft brand. The buyer was Lightstone Value Plus Real Estate Investment Trust II. As part of the agreement, the hotel, at 1900 E. Speedway, will be managed by Island Hospitality Management under a long-term license agreeement.
Sales GRI River Center LLC of Bethesda, Md., bought commercial property at 5655 E. River Road for $23.4 million, cash. The seller was River Center Canada LLC. Red Mountain Asset Fund II LLC and Dorazio Investments Inc. of Santa Ana, Calif., bought commercial property at 3720, 3750 and 3780 W. Ina Road for $4.4 million, cash.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Tucson Association of REALTORS® Multiple Listing Service (TAR MLS), the Green Valley/Sahuarita Arizona Multiple Listing Service (GVAR MLS), and the Southeast Arizona Multiple Listing Service, Inc. (SAAR MLS). Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX/RETS data is deemed reliable but is not guaranteed accurate by the MLS.
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