Nitya Capital, a Texas-based multifamily operator, has acquired Tides on McDowell, a 274-unit apartment complex in Phoenix, from Tides Equities for $41 million, or $149,635 per unit.
Texas-based firm buys Phoenix multifamily complex for $41 million
Nitya Capital acquires 274-unit Tides on McDowell, assumes $36 million loan
By Clarice King with
July 8, 2026 | 7:29 P.M.
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IN THIS ARTICLE
- Properties
- Tides on McDowell
4620 McDowell Rd, Phoenix, AZ
- Companies
- Nitya Capital
Real Estate
- Tides Equities
Real Estate
- Contacts
- Logan Baca
Senior Associate, Northmarq
- Chris Michl
Vice President, Northmarq
- Jesse Hudson
Regional Managing Director, Northmarq