Tucson, AZ (November 13, 2025) Northmarq’s Phoenix-based Multifamily Investment Sales team — led by Trevor Koskovich, Jesse Hudson, Ryan Boyle and Logan Baca — brokered the $31.734 million ($101,711 per unit) sale of Ventura Villas, a 312-unit multifamily community located at 6200 S. Campbell Ave. in Tucson, Arizona.

Northmarq represented the seller, RDM Tucson, LLC. The buyer was Pacific Transwest – Nevada, Inc.

“This transaction underscores the growing momentum of capital flowing into Tucson’s multifamily sector,” said Hudson. “At a price per unit of $101,712, the buyer recognized not only the intrinsic value of Ventura Villas but also the upside potential in a market that’s increasingly favoring value-add strategies.”

Built in 1989, Ventura Villas features one- and two-bedroom apartment homes, averaging 606 square feet. The community features a resort-style swimming pool, basketball court, playground, laundry facilities, and more.

Located in South Tucson, the market continues to experience unprecedented job growth and major economic development, fueling demand for multifamily housing.

“Tucson is attracting new attention as one of the top emerging multifamily markets in 2025, and this deal reflects a broader trend: capital seeking disciplined entry points where performance can be improved with focused upgrades, operational efficiencies, and strong underwriting discipline,” Hudson added.

For more information, Koskovich can be reached at 602.952.4040, Hudson is at 602.952.4042, and Baca is at  602.952.4052.

Source: RED Comp #12137.

TUCSON, AZ (November 12, 2025) — Enterprise Financial Services Corp (Nasdaq: EFSC), the holding company of Enterprise Bank & Trust (EB&T), has completed the acquisition of twelve branches from First Interstate Bank (Nasdaq: FIBK), marking a significant expansion of Enterprise’s presence across Arizona and the greater Kansas City metropolitan area.

The transaction adds ten Arizona branches—including new locations in Tucson, North Scottsdale, Old Town Scottsdale, Chandler, Maricopa, Casa Grande, Eloy, Coolidge, Globe, and Nogales—and two in Kansas, bringing approximately $300 million in loans and $645 million in deposits under the EB&T umbrella. Following the acquisition, Enterprise now manages roughly $17 billion in total assets.

James B. Lally, President and CEO of Enterprise, said, “The addition of these branches allows us to expand our access to existing markets with attractive growth opportunities. We believe this transaction will help us meet the needs of our new and existing customers while delivering long-term value for our shareholders.”

The newly acquired facilities have been fully converted into Enterprise Bank & Trust offices, providing former First Interstate customers with access to Enterprise’s full suite of commercial and retail banking products and services.

In Tucson, the transaction includes the 8,008-square-foot office building at 3002 N. Campbell Avenue, which was purchased by Enterprise Bank & Trust from First Interstate Bank for $1.92 million in October 2025.

Janney Montgomery Scott LLC and Holland & Knight LLP served as financial and legal advisors, respectively, to Enterprise on the acquisition.

Enterprise Bank & Trust, a subsidiary of Enterprise Financial Services Corp, operates across Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico, offering business and personal banking, SBA lending, and wealth management services.

For more information, visit www.enterprisebank.com.

See RED Comp #12151 for Tucson sale.

TUCSON, AZ (November 11, 2025) — The Tohono O’odham Ki: Ki Association, the tribally affiliated homebuilding organization that develops and manages housing for members of the Tohono O’odham Nation, has acquired two adjoining parcels at 6725 and 6765 South Headley Road in Pima County for a new residential community. The Nation paid $2.24 million ($3.40 PSF) for the land.

Together, the parcels total approximately 15.1 acres and are identified. The Pima County Board of Supervisors approved a rezoning and development plan for the property in late 2023, paving the way for a 69-lot single-family subdivision that will expand homeownership opportunities for members of the Nation in the Tucson area.

The project site, situated southwest of Valencia and Indian Agency Road, is located within an established residential corridor, offering proximity to schools, retail, and public services. According to county records, the rezoning from SR (Suburban Ranch) to CR-5 (Single Residence) was finalized by ordinance on March 19, 2024, following environmental and infrastructure reviews.

The Tohono O’odham Ki:Ki Association, headquartered in Sells, Arizona, has a long history of building and rehabilitating homes across the Nation’s districts. The Headley Road subdivision will mark one of its most significant off-reservation housing efforts in Pima County, part of a broader strategy to meet rising demand for modern, energy-efficient housing for tribal members living and working in the Tucson metro area.

The development timeline has not yet been announced, but preliminary plans indicate that infrastructure work and lot preparation will begin once engineering permits are secured.

Source: RED Comp #12154.