{"id":1004126157,"date":"2015-08-26T08:14:33","date_gmt":"2015-08-26T16:14:33","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=359234"},"modified":"2020-04-06T00:12:57","modified_gmt":"2020-04-06T08:12:57","slug":"colliers-cooke-team-cooks-up-another-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/colliers-cooke-team-cooks-up-another-deal\/","title":{"rendered":"Colliers\u2019 Cooke Team Cooks Up Another Deal"},"content":{"rendered":"

By Liviu Oltean, Associate Editor<\/em><\/p>\n

A large multifamily portfolio in Phoenix recently changed hands under the supervision of the Cooke Multifamily Team at Colliers International<\/strong><\/a>.<\/p>\n

\"AZ3\"<\/a><\/p>\n

AZ3<\/p>\n<\/div>\n

The team helped with the disposition of AZ 3, a 1,114-unit portfolio consisting of class A and B+ assets. Cindy Cooke and Brad Cooke, senior vice presidents at Colliers International, acted on behalf of the seller, Bascom Arizona Ventures<\/a> <\/strong>of Scottsdale. The buyer, which was self-represented, was an affiliate of BHE Acquisitions LLC of Des Moines, Iowa, according to the announcement.<\/p>\n

The portfolio included the following communities: the 330-unit Estates on Maryland in Phoenix; the 256-unit Madera Point in Mesa; and the 528-unit Pointe at the Foothills community in Phoenix. According to Yardi Matrix<\/strong> <\/a>property records, the acquisition price of the portfolio was around $116 million.<\/p>\n

\u201cThe seller had recently completed major renovations and was achieving significant income growth which continued throughout the transaction,\u201d Cindy Cooke said in a prepared statement. \u201cIt will be exciting to see the plans executed by the buyer. They have a vision to further enhance the renovations and complete the interior upgrades.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

A large multifamily portfolio in Phoenix changed hands recently under the supervision of the Cooke Multifamily Team at Colliers International.<\/p>\n","protected":false},"author":1158,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1601],"tags":[],"class_list":["post-1004126157","post","type-post","status-publish","format-standard","hentry","category-latest","category-phoenix"],"acf":[],"yoast_head":"\nColliers\u2019 Cooke Team Cooks Up Another Deal - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/colliers-cooke-team-cooks-up-another-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Colliers\u2019 Cooke Team Cooks Up Another Deal\" \/>\n<meta property=\"og:description\" content=\"A large multifamily portfolio in Phoenix changed hands recently under the supervision of the Cooke Multifamily Team at Colliers International.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/colliers-cooke-team-cooks-up-another-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-26T16:14:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-06T08:12:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/AZ3.jpg\" \/>\n<meta name=\"author\" content=\"Liviu Oltean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/colliers-cooke-team-cooks-up-another-deal\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/colliers-cooke-team-cooks-up-another-deal\\\/\"},\"author\":{\"name\":\"Liviu Oltean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a12696609e74785a9cb5f8f7eae8bbd0\"},\"headline\":\"Colliers\u2019 Cooke Team Cooks Up Another Deal\",\"datePublished\":\"2015-08-26T16:14:33+00:00\",\"dateModified\":\"2020-04-06T08:12:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/colliers-cooke-team-cooks-up-another-deal\\\/\"},\"wordCount\":188,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/colliers-cooke-team-cooks-up-another-deal\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/AZ3.jpg\",\"articleSection\":[\"News\",\"Phoenix\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/colliers-cooke-team-cooks-up-another-deal\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/colliers-cooke-team-cooks-up-another-deal\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/colliers-cooke-team-cooks-up-another-deal\\\/\",\"name\":\"Colliers\u2019 Cooke Team Cooks Up Another Deal - 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