JLL  Capital Markets announced today that it has arranged the $20 million sale of Summers Point, a distinctive 164-unit value-add multifamily community located in Glendale, Arizona’s rapidly growing West Valley.

JLL represented the seller, Wealhouse Capital Management and also arranged the financing in the transaction.

Summers Point is strategically positioned at 4441 West Bethany Home Rd. in a desirable area of Glendale, a city experiencing rapid growth and development with billions of dollars being invested in recent and ongoing projects throughout the region. The property offers excellent proximity to major employment centers, entertainment venues and educational institutions including Grand Canyon University located just 1.32 miles away.

The community was built in 1980 and featu

See Full Page