Town Deer Valley Apartments in Phoenix

Goodman Real Estate Acquires Phoenix Asset for $131.1 Million

by Channing Hamilton

PHOENIX — Goodman Real Estate has purchased Town Deer Valley Apartments, a 388-unit property located in Phoenix, for $131.1 million. Residents have access to shared amenities such as multiple pools and fitness facilities. Town Deer Valley was built in 2022, according to Apartments.com. Units come in one-, two- and three-bedroom floor plans. The seller was not disclosed. Institutional Property Advisors’ Phoenix office brokered the deal. Walker & Dunlop arranged financing for the project.

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