The vice chairman of Western Alliance Bank, a Valley doctor and owners of Smash Burger restaurants bought or sold one of metro Phoenix's priciest homes last week.
Dale Gibbons, vice chairman of Western Alliance Bank, paid cash for a 13,300-square-foot Paradise Valley mansion. The home with seven bedrooms and 12 bathrooms also comes with an exercise room, a two-bedroom casita, a six-car garage, an outdoor shower and an antique French entry gate.
Iowa commercial real estate developer Dennis Elwell and his wife, Candy, sold the home. Walt Danley Christie's International Real Estate had the listing.
Markham Yonkers and Rachel Peterson of Saratoga, California, paid cash for a contemporary Paradise Valley home with unobstructed views of Camelback Mountain. The 8,128-square-foot house with six bedrooms and 7½ bathrooms comes with a metal roof to reduce heat, a two-bedroom guesthouse and cherry oak ceilings.
Dr. Arivazhahan Swaminathan and his wife, Rajeswari, sold the home.
Corin Frost of Wellsbury, California, paid cash for a central Scottsdale home that has recently been completely renovated. The modern 4,100-square-foot home with five bedrooms and 4½ baths has an outdoor stone fireplace.
Craft Homes led by real estate agent Beau Tanner sold the house.
Lucas and Allyson Farnham, who own Black Bear Diner and Smash Burger restaurants in Colorado, bought a 6,156-square-foot home in north Scottsdale’s Silverleaf neighborhood. The house situated across from a large park has four bedrooms and 4½ bathrooms. The home also has 13-foot ceilings, a gourmet kitchen, an oversized laundry and a craft room as well as hand-painted artisan tiles.
Ronald and Jennifer Mileti sold the house. Ronald Mileti is president of marketing firm Vilocity Interactive.
The Steven E & Michele Siverson Trust paid cash for a 5,230-square-foot home on the Scottsdale side of the Arcadia neighborhood. Michele Siverson is an interior designer. The couple’s Spanish Hacienda-style home comes with five bedrooms, six bathrooms, wood beam ceilings, herringbone Mexican floor tiles, walls of windows and an outdoor gazebo with fire pit.
The Garrett and Alice Miller Family Trust sold the house.