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CALCAP Advisors Acquires Multifamily Asset Solana Place In Casa Grande From D.R. Horton For $30M

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SOLD
$30,000,000

Arizona

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MultiFamily
Sold 10/14/2025
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SOLD

CALCAP Advisors Acquires Multifamily Asset Solana Place In Casa Grande From D.R. Horton For $30M

18 South Boniface Lane

See Similar Deals
MultiFamily
Sold 10/14/2025

Summary

ARIZONA
Asset Type:MultiFamily
Transaction Type:Sale

The transaction involved a multifamily asset located at 18 South Boniface Lane in Casa Grande, AZ. The property, known as Solana Place at Carlton Commons, consists of 113 units, with a sale price of $30 million, equating to approximately $265,000 per unit.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $30,000,000
  • Units: 113
  • Price Per Unit: $265,487
  • Buyer: CALCAP Advisors
  • Seller: D.R. Horton
  • Broker: Northmarq
  • Loan Amount: $21.75 million

Northmarq represented the seller, D.R. Horton, in this transaction and facilitated a Fannie Mae loan, enhancing the financial framework for the recently constructed property.

Players

BROKERAGE

Details

SOLD
IMAGE: 10/14/2025 ADDRESS: 18 South Boniface Lane MARKET: Casa Grande, AZ ASSET TYPE: Multifamily BUYER: CALCAP Advisors SELLER: D.R. Horton BROKER: Northmarq SALE PRICE: $30,000,000 UNITS: 113 ~ PPU: $265,487 NOTE: CALCAP Advisors bought the 113-unit Solana Place at Carlton Commons in Casa Grande, Ariz., for $30 million, or about $265,000 per unit. Northmarq represented seller D.R. Horton and arranged a $21.75 million Fannie Mae loan for the two-year-old townhome-style property at 18 S. Boniface Ln.

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