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Arizona

Multifamily

Stonepeak, Cardinal Group JV buys 285-unit, 781-bed, Park Place Tempe, from Park7 for $125M ($439k/unit | $160k/bed)

12/3/2025

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• Subcategory: MF: Student

• Tag: Sale

• Additional Filters-Subcategory: MF: Midrise

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Stonepeak, Cardinal Group, Park7 Group

Park7 Group

Paul Levine | EVP, Develoipment

[email protected]

Stonepeak

Phillip Solomond | Senior Managing Director, Head of Real Estate

[email protected]

Cardinal Group

Greg Martini | SVP, Head of Student Housing

[email protected]