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Tide Equities Sells Phoenix Rental Asset for $41M

Nitya Capital acquired the 274-unit Tides on McDowell for $41 million. Nitya Capital assumed the financing from the current lender as part of the transaction. The multifamily community is located at 4

NNN Triple Net Staff1 min read

Nitya Capital acquired the 274-unit Tides on McDowell for $41 million. Nitya Capital assumed the financing from the current lender as part of the transaction. The multifamily community is located at 4620 W. McDowell Rd. in Phoenix, Arizona. Northmarq’s Jesse Hudson, Logan Baca and Chris Michl represented the seller, Tides Equities. Built in 1985 and sitting on...

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