Stockdale Capital Partners has acquired The Quincy at Kierland, a recently completed 266-unit luxury midrise multifamily community in an all-cash transaction for $110.25 million. The acquisition was out of the firm's SCP Real Estate Opportunities Fund II.
The property is located at 15826 North Scottsdale Road, in the 730-acre master-planned community of Kierland in North Scottsdale, Ariz. The Quincy at Kierland features a mix of one- and two-bedroom apartment homes, each with 10-foot ceilings, stainless steel appliances including full-size washer and dryer, engineered hardwood floors, stone countertops, and walk-in closets. Community amenities include resort-style pool with pool house and fireside lounge, fitness center, yoga room, pet park, business center and 24-hour package room.
Since being delivered to the market in July 2024 by the seller, regional me