Thayer Manca Residential sells $45.25M property in AZ

Seattle, WA- Thayer Manca Residential (TMR) has sold their latest multifamily property in the Tempe, AZ market, Avia 266, for $45,250,000. The Seattle-based investment firm acquired the 266-unit apartment community in January 2015 for $19,200,000 and completed almost $4,000,000 in renovations. The renovation projects included the completion of 237 unit renovations and 266 washer/dryer retrofits. It also […]