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June 2, 2022

Thayer Manca unloads 272 Phoenix units

Local shop Thayer Manca Residential announced its recent disposition of the 272-unit Ventura, at 3600 W. Ray Road in Chandler, a suburb of Phoenix. The price and buyer weren't disclosed. Thayer Manca had acquired the property in 2017 for about $47.6 million, then invested over $4 million in upgrades. Joe Manca said in a statement, “We feel fortunate to have owned the Ventura for just under five years, and to have had the opportunity to lean into the repositioning and revitalization of this premier asset.”




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