Case studies

Tides on Rail

Location: Phoenix, AZ

Units: 488

Acquisition Date: May 2019

Purchase Price: $39,750,000

Disposition Date: December2020

Sale Price: $60,000,000

1/8

Tides at North Phoenix

Location: Phoenix, AZ

Units: 316

Acquisition Date: January 2019

Purchase Price: $33,500,000

Disposition Date: December 2020

Sale Price: $54,000,000

1/8

Tides at East Arcadia

Location: Phoenix, AZ

Units: 181

Acquisition Date: December 2018

Purchase Price: $26,600,000

Disposition Date: December 2020

Sale Price: $38,000,000

1/8

Tides on Thunderbird

Location: Phoenix, AZ

Units: 376

Acquisition Date: May 2018

Purchase Price: $37,250,000

Disposition Date: February 2020

Sale Price: $55,400,000

1/8

Tides at South Tempe

Location: Tempe, AZ

Units: 442

Acquisition Date: October 2018

Purchase Price: $55,500,000

Recap Date: June 2020

Recap Price: $71,500,000

1/8

Tides at Downtown Tempe

Location: Tempe, AZ

Units: 227

Acquisition Date: January 2019

Purchase Price: $31,300,000

Disposition Date: January 2021

Sale Price: $44,625,000

1/8

Tides on 5th

Location: Tempe, AZ

Units: 197

Acquisition Date: December 2018

Purchase Price: $27,500,000

Disposition Date: January 2021

Sale Price: $39,000,000

1/8