Monday, June 22, 2015

California Investors Sell Second Tempe Multifamily This Month

Arthur and Jacqueline Burdorf of Wood River Properties sold the Quail Canyon Apartments on Friday to Lloyd Sheiner of The Sheiner Group from Westmount, Quebec. It marks their second Tempe multifamily sale this month – on June 4th they sold a 3.5-acre multifamily property to Lennar Multifamily (soon to be demolished, planned for The Hayden at Dorsey Station).

The Quail Canyon Apartments are located just a mile and a quarter southeast from Arizona State University. The Burdorfs sold the property for $9.3 million, or $83,035 per unit. Beutler Exchange was listed as Qualified Intermediary for the sellers.

For more information on both of these sales – including complete history, buyer/seller contacts, and planning info – visit us at or email us at

You can also check out our previous post covering the sale of The Hayden at Dorsey Station.

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