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5/15/26
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CBRE negotiated the sale of Ascend at Longbow Highpoint, a 339-unit multifamily community in Mesa, AZ, was acquired by Millburn & Company in a recent trade. The property, located at 2950 N. Recker Rd, was sold by D.R. Horton.
Completed in 2025, the community is located along the Longbow Golf Club in Mesa. Residences feature hardwood-style flooring, granite countertops, energy-efficient windows, smart thermostats, full-size washers and dryers, patios or balconies, and stainless steel appliances.
The property features a resort-style pool deck with golf course views, a covered outdoor kitchen and barbecue pavilion, and a resident clubhouse with lounge areas, a community kitchen, conference rooms and co working space. Additional amenities include outdoor gathering areas, EV charging, pet amenities, package lockers, and a walking trail with direct access to the golf course.
CBRE’s Matt Pesch, Asher Gunter and Austin Groen represented D.R. Horton in the transaction. CBRE’s Debt & Structured Finance practice arranged financing for the buyer, a privately held real estate investment firm headquartered in Salt Lake City, UT.
“Ascend at Longbow Highpoint checked every box on our acquisition criteria, a brand-new, institutionally constructed asset in a high-barrier infill location with exceptional demand fundamentals,” said Sage Sawyer, Principal and CIO of Millburn & Company. “Mesa and the broader East Valley continue to benefit from population growth, employer expansion, and a renter profile that places a premium on quality.”
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