On February 1st, Garrett Walker Homes purchased 37.93 acres of vacant land in Glendale Betty Martin for $4,865,400 with $8,741,760 in new construction debt with First Continental Investment Company and $2,650,000 in new debt with Geddes and Company. The property is proposed for the development of a 187-lot single family subdivision.
On January 31st, The Colorado Group purchased 4 office buildings on 6.12 acres of land from West Coast Capital Partners for $10,600,000 with $1,855,000 down and $8,745,000 in new debt with Capital One.
Freestanding Automotive Retail in Gilbert Purchased for $1.4M
On February 2nd, Ryan, David, April and Julie Gunnell purchased one single-story building totaling 4,560 square feet from LaMoine Gunnell for $1,400,000 with $420,000 down and $980,000 in new funding with MidFirst Bank.