LA firm acquires Kierland property as Valley apartment investment heats up

Article originally posted on Phoenix Business Journal on November 3, 2025

Los Angeles-based Stockdale Capital Partners LLC has acquired its first apartment property in metro Phoenix.

The real estate investment firm already owns several other types of assets in the metro, including Illume Innovation Center, Scottsdale Galleria. and a portfolio of Banner Health medical office buildings.

But this is the company’s debut for acquiring multifamily properties in the Valley, said Sam Palmer, managing director at Stockdale.

Stockdale bought the 266-unit The Quincy at Kierland from Embrey, which built the luxury property last year, closing on Oct. 31.

While Palmer declined to reveal the purchase price, public records show the price tag at $110.25 million.

IPA’s Steve Gebing and Cliff David marketed the property for sale on behalf of the seller, which will redeploy the sales proceeds for future development projects.

Find Complete Article Here: https://www.bizjournals.com/phoenix/news/2025/11/03/stockdale-capital-partners-buys-quincy-kierland.html?cx_testId=40&cx_testVariant=cx_9&cx_artPos=4#cxrecs_s