Neighborhood Ventures Opportunistic Fund buys 78-unit, Maryland Greens, on 7th Street and Maryland for $10.7M ($137k/unit)

  • 7/18/2025

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Neighborhood Ventures (NV), an online real estate investment company that enables both accredited and non-accredited investors to invest in multifamily properties, announced the launch of Venture on Maryland, a 78‑unit multifamily community in Central Phoenix, into its Arizona Multifamily Opportunistic Fund. Acquired through a pre-foreclosure, forced sale transaction for $10.7 million (down from $17.1 million in 2022), this marks the fund’s fourth distressed‑asset purchase.

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