Investors Capital Group Purchases Vertical East Apartments From Vertical Street Ventures For $22 Million

The property asset involved in this transaction is the Vertical East Apartments, a multi-family complex located at 2050 North Pantano Road in Tucson, AZ. The asset was sold for $22,000,000 and comprises 109 units, resulting in a price per unit of $201,835. The apartment complex was constructed in 2001 and is situated near shopping centers.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $22,000,000
• Units: 109
• Price Per Unit: $201,835
• Buyer: Investors Capital Group
• Seller: Vertical Street Ventures
• Lender: Arbor Realty Trust
• Date of Sale: 01/23/2026
• Market: Tucson, AZ
• Brokers: Steve Gebing, Cliff David, Hamid Panahi & Clint Wadlund - Institutional Property Advisors

The deal involved Investors Capital Group purchasing the asset from Vertical Street Ventures, with financing provided by Arbor Realty Trust. The brokers facilitating the transaction were Steve Gebing, Cliff David, Hamid Panahi, and Clint Wadlund representing Institutional Property Advisors.