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Rise48 Acquires Multifamily Asset Avenue 8 in Mesa

Summary by Yield PRO
Rise48 Equity has picked up Avenue 8, a 194-unit garden-style apartment community located at 1050 West 8th Avenue in Mesa. Stoneweg was the seller. Stoneweg and Varia paid $21 million for the project in 2017. Newmark’s Brett Polachek, Chris Canter and Brad Goff represented the seller Rise48 says it is ready to begin an immediate […] The post Rise48 Acquires Multifamily Asset Avenue 8 in Mesa appeared first on Yield PRO.
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Yield PRO broke the news on Tuesday, May 5, 2026.
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