Tower 16 Capital Partners Announces the Sale of IVilla Garden Apartments for $30 Million After a 16-Month Hold Period
PHOENIX — Tower 16 Capital Partners has sold IVilla Garden Apartments, a 214-unit multifamily project in Phoenix, for $30 million. The property was purchased by Tower 16 in February 2020 for $15.1 million in an off-market transaction. The new buyer is Tides Equities, one of the largest apartment owners in the Phoenix market, who is […]
