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VSV Closes on Ninth Phoenix-Area Acquisition
Vertical Street Ventures (VSV) acquired Sora on Rose Apartments in Uptown Phoenix. This marks VSV’s ninth property in the Phoenix market and 15th Property in the western U.S., bringing the total VSV Portfolio to $214 million. Sora on Rose is VSV’s fourth acquisition this year, bringing total purchases to $70 million in the first quarter.
“We’ve admired Sora on Rose for a while now and when it came to market, we had to jump on the opportunity,” said Jenny Gou, managing partner for VSV.
Marcus & Millichap’s Paul Bay, Darrell Moffitt, Cliff David, and Steve Gebing oversaw the transaction process, with bridge loan financing provided by Arbor’s Eric Regenbogen and buyer’s equity provided by Tauro’s Paul Davidovic and Matt Muller.
Calcap Properties Inc. will manage the 92-unit property, which is being rebranded as Vertical on 16th, while Gia Venturi has been retained to lead design and branding for the community.
- ◦Sale/Acquisition

