facebook
Traded Co logo
Submit
Daily limit: 0/10

Golden Horizon Enterprises Acquires Bella Grace Multifamily Community In Chandler For $69M

Property Image
SOLD
$69,000,000
Mark Forrester
Andrew Curtis
+ 1

Arizona

See Similar Deals
MultiFamily
Sold 11/12/2025
the dealplayerscompscontact
Property Image
SOLD

Golden Horizon Enterprises Acquires Bella Grace Multifamily Community In Chandler For $69M

2121 North Grace Boulevard

See Similar Deals
MultiFamily
Sold 11/12/2025
Mark Forrester
Andrew Curtis
+ 1
Contact now

Summary

ARIZONA
Asset Type:MultiFamily
Transaction Type:Sale

A multifamily asset located at 2121 North Grace Boulevard in Chandler, AZ, has been sold. The property encompasses 194 units, achieving a price per unit of $355,670 and a total sale price of $69,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $69,000,000
  • Buyer: Golden Horizon Enterprises
  • Seller: The Inland Real Estate Group of Companies, Inc
  • Brokerage: Berkadia
  • Brokers involved: Mark Forrester, Ric Holway, Dan Cheyne & Andrew Curtis
  • Units: 194
  • Price Per Unit: $355,670

Berkadia facilitated the sale of Bella Grace, a build-to-rent community in Chandler, Arizona, transitioning ownership to Golden Horizon Enterprises.

Players

Dan Cheyne
7 deals$379.4M volume
BROKER

Mark Forrester
Berkadia
9 deals$553.5M volume
BROKER

Ric Holway
Berkadia
6 deals$261.8M volume
BROKER

Andrew Curtis
Berkadia
8 deals$381.5M volume
BROKER

Berkadia
BROKERAGE

Details

SOLD
IMAGE: 11/12/2025 ADDRESS: 2121 North Grace Boulevard MARKET: Chandler, AZ ASSET TYPE: Multifamily BUYER: Golden Horizon Enterprises SELLER: The Inland Real Estate Group of Companies, Inc BROKERS: Mark Forrester, Ric Holway, Dan Cheyne & Andrew Curtis - Berkadia SALE PRICE: $69,000,000 UNITS: 194 ~ PPU: $355,670 NOTE: Berkadia sold Bella Grace, a 194-unit build-to-rent community in Chandler, Arizona, for $69M to Golden Horizon Enterprises.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$3,679,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$245,142.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$327,095.20
Annual Debt Service$3,925,142.43