{"id":1004162485,"date":"2016-12-23T00:08:09","date_gmt":"2016-12-23T08:08:09","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004162485"},"modified":"2022-12-07T02:05:22","modified_gmt":"2022-12-07T10:05:22","slug":"monument-capital-management-buys-first-asset-in-phoenix-area","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/","title":{"rendered":"Monument Capital Management Buys First Asset in Phoenix Area"},"content":{"rendered":"

By Evelina Croitoru<\/p>\n

\"Casa<\/a>

Casa Bellisima<\/p><\/div>\n

Phoenix<\/strong>\u2014Monument Capital Management announced the purchase of Casa Bellisima apartment community in Glendale, Ariz. The deal marks the company\u2019s first acquisition in the state and the seventh asset for the firm\u2019s Monument Opportunity Fund III.<\/p>\n

Located at 6565 W. Bethany Home Road, the property consists of 18 two-story buildings and offers 275 units featuring studio, one- and two-bedroom garden-style homes. Property amenities include a clubhouse, three swimming pools, an on-site laundry facility, ample parking spaces with garages and a grill area. The company intends to\u00a0make upgrades throughout the property as to improve the curb appeal and units interiors.<\/p>\n

\u201cThe quasi off-market sale of Casa Bellisima provides a firm foothold as we expand our ownership presence in Arizona,\u201d\u00a0Stuart Zook, president of Monument Capital Management, said in prepared remarks. “The property\u2019s below market rents at an attractive price per unit allowed us to execute our area growth strategy.”<\/p>\n

Image courtesy of Monument Capital Management<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The property consists of 18 two-story buildings and offers 275 units featuring studio, one- and two-bedroom garden-style homes. <\/p>\n","protected":false},"author":1055,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,1601,15],"tags":[33245,33246],"class_list":["post-1004162485","post","type-post","status-publish","format-standard","hentry","category-deals","category-latest","category-phoenix","category-west","tag-monument-capital-management-llc","tag-stuart-zook"],"acf":[],"yoast_head":"\nMonument Capital Management Buys First Asset in Phoenix Area - 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\/monument-capital-management-buys-first-asset-in-phoenix-area\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monument Capital Management Buys First Asset in Phoenix Area\" \/>\n<meta property=\"og:description\" content=\"The property consists of 18 two-story buildings and offers 275 units featuring studio, one- and two-bedroom garden-style homes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/\" \/>\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=\"2016-12-23T08:08:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T10:05:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2016\/12\/Casa-Bellisima-02-New.jpg\" \/>\n<meta name=\"author\" content=\"Evelina Croitoru\" \/>\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\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/\"},\"author\":{\"name\":\"Evelina Croitoru\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e9e65abbef696b705a028580e04c8c99\"},\"headline\":\"Monument Capital Management Buys First Asset in Phoenix Area\",\"datePublished\":\"2016-12-23T08:08:09+00:00\",\"dateModified\":\"2022-12-07T10:05:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/\"},\"wordCount\":176,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/internal.multihousingnews.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/12\\\/Casa-Bellisima-02-New.jpg\",\"keywords\":[\"Monument Capital Management LLC\",\"Stuart Zook\"],\"articleSection\":[\"Deals\",\"News\",\"Phoenix\",\"West\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/\",\"name\":\"Monument Capital Management Buys First Asset in Phoenix Area - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/internal.multihousingnews.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/12\\\/Casa-Bellisima-02-New.jpg\",\"datePublished\":\"2016-12-23T08:08:09+00:00\",\"dateModified\":\"2022-12-07T10:05:22+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e9e65abbef696b705a028580e04c8c99\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/#primaryimage\",\"url\":\"https:\\\/\\\/internal.multihousingnews.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/12\\\/Casa-Bellisima-02-New.jpg\",\"contentUrl\":\"https:\\\/\\\/internal.multihousingnews.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/12\\\/Casa-Bellisima-02-New.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/monument-capital-management-buys-first-asset-in-phoenix-area\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Monument Capital Management Buys First Asset in Phoenix Area\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e9e65abbef696b705a028580e04c8c99\",\"name\":\"Evelina Croitoru\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g\",\"caption\":\"Evelina Croitoru\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/evelinacroitoru\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Monument Capital Management Buys First Asset in Phoenix Area - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/","og_locale":"en_US","og_type":"article","og_title":"Monument Capital Management Buys First Asset in Phoenix Area","og_description":"The property consists of 18 two-story buildings and offers 275 units featuring studio, one- and two-bedroom garden-style homes.","og_url":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-12-23T08:08:09+00:00","article_modified_time":"2022-12-07T10:05:22+00:00","og_image":[{"url":"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2016\/12\/Casa-Bellisima-02-New.jpg","type":"","width":"","height":""}],"author":"Evelina Croitoru","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/"},"author":{"name":"Evelina Croitoru","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e9e65abbef696b705a028580e04c8c99"},"headline":"Monument Capital Management Buys First Asset in Phoenix Area","datePublished":"2016-12-23T08:08:09+00:00","dateModified":"2022-12-07T10:05:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/"},"wordCount":176,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/#primaryimage"},"thumbnailUrl":"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2016\/12\/Casa-Bellisima-02-New.jpg","keywords":["Monument Capital Management LLC","Stuart Zook"],"articleSection":["Deals","News","Phoenix","West"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/","url":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/","name":"Monument Capital Management Buys First Asset in Phoenix Area - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/#primaryimage"},"thumbnailUrl":"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2016\/12\/Casa-Bellisima-02-New.jpg","datePublished":"2016-12-23T08:08:09+00:00","dateModified":"2022-12-07T10:05:22+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e9e65abbef696b705a028580e04c8c99"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/#primaryimage","url":"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2016\/12\/Casa-Bellisima-02-New.jpg","contentUrl":"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2016\/12\/Casa-Bellisima-02-New.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/monument-capital-management-buys-first-asset-in-phoenix-area\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Monument Capital Management Buys First Asset in Phoenix Area"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e9e65abbef696b705a028580e04c8c99","name":"Evelina Croitoru","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g","caption":"Evelina Croitoru"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/evelinacroitoru\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004162485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1055"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004162485"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004162485\/revisions"}],"predecessor-version":[{"id":1004624916,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004162485\/revisions\/1004624916"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004162485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004162485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004162485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}