Next Wave Investors, a California-based private equity investment firm, has acquired Ascension at Manistee Ranch, a recently built apartment development in Glendale, Arizona, from Kinella Capital for $23.45 million.
California investment firm acquires build-to-rent development near Phoenix
Ascension at Manistee Ranch development sells for $23.45 million
By Clarice King with
September 28, 2025 | 6:28 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Ascension at Manistee Ranch
7959 53rd Ave, Glendale, AZ
- Companies
- Contacts
- Steve Nicoluzakis
Executive Managing Director, Cushman & Wakefield