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Rise48 Equity Acquires N. Phoenix Rental Community

Tailwind Investment Group offloaded Rise at the Northern, a 108-unit apartment community at 17840. N. Black Canyon Highway in far north Phoenix. Rise48 Equity paid $21.7 million for the multifamily ve

Tailwind Investment Group offloaded Rise at the Northern, a 108-unit apartment community at 17840. N. Black Canyon Highway in far north Phoenix. Rise48 Equity paid $21.7 million for the multifamily venture. Rise48 Equity pre-empted the offer process and submitted a full-price offer with a non-refundable deposit on Day 1. Northmarq’s Phoenix Investment Sales (IS) team of Jesse Hudson, Chris...

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