Insurance giant MetLife pays $45.85M ($327.5k/unit) for Thompson Thrift’s 140-unit BTR community, Grandstone at Sunrise Villas in Peoria

4/29/2026

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Phoenix Business Journal

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• Subcategory: MF: BTR, MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: BTR-Casita, MF: BTR-Townhome

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

• Company: MetLife Investment Management, Thompson Thrift

Highlights
MetLife Investment Management bought a 140-unit rental community in Peoria for $45.85 million
PGIM Real Estate sold a 138-unit senior housing facility in Peoria for $36 million
Louis A. McCall II launched Ridgeline Partners under the Compass banner in Arizona