Biggest Apartment Community in Phoenix Trades Hands in $255M Deal. CIM Group and Tides Equities partner to purchase the 1,012-unit Del Mar Terrace, the largest market-rate apartment complex in ...

By Maryruth Cox and Jennifer Crittenden On Feb. 5, 1913, a title insurance agent filed a map with San Diego County of a new subdivision called Del Mar Terrace. It was located on the south side of ...

Del Mar Terrace. Image courtesy of Northmarq Tides Equities is continuing its buying streak in the western U.S., this time partnering with CIM Group to acquire a 1,012-unit community in Phoenix.

PALM SPRINGS, CA-The joint venture of Kennedy Wilson Inc. and Pacific Coast Capital Partners buys the complexes, totaling 362 units, here and in Indio. The properties are the 186-unit Del Mar ...