Tokyo Tatemono buys 290-unit Arizona rental property in first US existing multifamily deal

  • Tokyo Tatemono Investment Advisors acquired a 290-unit existing rental apartment property, The Residences Kierland, in Scottsdale, Arizona.
  • Deal marks Tokyo Tatemono’s first purchase of an existing U.S. rental housing asset, broadening its overseas investment strategy.
  • Transaction structured as a joint venture with U.S. developer MacNaughton.
  • Property was completed in 2022; Tokyo Tatemono plans targeted renovations to lift asset value and income.
  • Tokyo Tatemono targets JPY 110 billion of overseas investment in FY2025-FY2027, with the U.S. a priority market.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tokyo Tatemono Investment Advisors Co Ltd published the original content used to generate this news brief on June 12, 2026, and is solely responsible for the information contained therein.