Milburn & Company Acquires 339-Unit Mesa Rental Community
D.R. Horton offloaded Ascend at Longbow Highpoint, a 339-unit multifamily community in Mesa, Arizona. Millburn & Company acquired the community. CBRE’s Matt Pesch, Asher Gunter and Austin Groen represented D.R. Horton in the transaction. CBRE’s Debt & Structured Finance practice also arranged financing for the buyer.
Completed in 2025, the community is located along the Longbow Golf Club in Mesa. Residence amenities feature a 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 a walking trail with direct access to the golf course.
Millburn & Company is a privately held real estate investment firm headquartered in Salt Lake City, Utah. The firm specializes in acquiring and managing Class A and B multifamily communities in high-growth markets throughout the United States.
D.R. Horton is the largest homebuilder in the United States by volume. In 2016, the company expanded into multifamily development.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout