Investment Real Estate in Phoenix, AZ
Wray & Sutton advise multifamily investors across the Valley — acquisition, disposition, and 1031 exchanges backed by conservative underwriting and off-market access. 6,200+ units and $1.9 billion in deals.
How We Move Capital
Sixteen years advising Phoenix multifamily investors — here's what that gets you.
Conservative Underwriting
We model real rents, expenses, capex, and financing — no rosy pro formas. You know exactly what a deal is.
Off-Market Access
Sixteen years of owner relationships surface multifamily deals before they ever reach the open market.
1031 Expertise
We orchestrate exchanges end to end — timeline, replacement property, and financing — to defer your tax.
Disposition That Delivers
When it's time to sell, our marketing and buyer network consistently beat pro forma on price.

Advisors for Serious Capital
For sixteen years, Wray & Sutton have specialized in one thing: Phoenix multifamily and investment real estate. Duplexes to 300-unit communities, private buyers to institutional funds — we've transacted more than 6,200 units and $1.9 billion in deals.
Investors trust us because we underwrite honestly and advise like it's our own capital on the line. We'd rather tell you a deal doesn't pencil than earn a commission you'd regret. That discipline is why our clients keep coming back — and keep referring.
- ✓Sixteen years specialized in Phoenix multifamily
- ✓6,200+ units and $1.9B+ transacted
- ✓Conservative underwriting on every deal
- ✓Private, 1031, and institutional investors
Recent Phoenix Deals






From Thesis to Close
A disciplined, advisory-led path for every acquisition and disposition.
Define the Thesis
We start with your strategy, return targets, and risk tolerance — not a listing.
Source & Underwrite
We surface on- and off-market deals and underwrite each one conservatively and honestly.
Structure & Negotiate
We negotiate price and terms and structure the deal — including 1031 timing where relevant.
Close & Advise On
We manage diligence to close and stay your advisor for the hold, refi, and eventual sale.

Trade Up, Defer the Tax
A 1031 exchange lets you sell an investment property and reinvest the proceeds into a larger one while deferring capital-gains tax — but the rules and timelines are unforgiving. We've orchestrated over 300 exchanges, handling identification, replacement, and financing so the deferral holds and the trade-up is seamless.
- ✓End-to-end 1031 exchange orchestration
- ✓Identification, replacement & financing handled
- ✓300+ exchanges completed on time
Trusted With Serious Capital
Wray & Sutton have sourced me four multifamily deals in Tempe and Mesa, three of them off-market. Their underwriting is conservative and accurate — exactly what you want managing eight-figure decisions.
They orchestrated a 1031 exchange out of a tired duplex portfolio into a 40-unit in Chandler without a hitch — timeline, replacement property, and financing all handled. Deferred a huge tax bill.
As an out-of-state fund, we needed boots-on-the-ground intelligence in Phoenix. Wray & Sutton gave us honest market reads and disposition results that beat our pro forma. Sixteen years shows.
Ready to Put Capital to Work?
Whether you're acquiring, disposing, or exchanging, start with a conversation. We'll bring honest underwriting and off-market access.
Investment Real Estate Questions
What size deals do you handle?
From small multifamily (duplexes and fourplexes) to 300-unit communities, and private buyers to institutional funds. We take on engagements where our expertise adds real value.
How is your underwriting different?
It's conservative and honest. We model real rents, expenses, capex, and financing — and we'll tell you when a deal doesn't pencil, even if it costs us the commission.
Can you really find off-market multifamily?
Frequently. Sixteen years of owner and operator relationships surface a steady stream of off-market apartment deals before they're ever publicly listed.
What is a 1031 exchange and can you handle it?
A 1031 lets you defer capital-gains tax by reinvesting sale proceeds into a like-kind property, within strict timelines. We've orchestrated 300+ exchanges end to end.
Do you work with out-of-state and institutional investors?
Extensively. We provide boots-on-the-ground Phoenix intelligence, underwriting, and execution for remote private and institutional capital.
What areas do you cover?
The greater Phoenix metro — Downtown Phoenix, Tempe, Scottsdale, Chandler, Mesa, Gilbert, and beyond.
Talk to a Phoenix Investment Advisor
Tell us about your investment goals — acquisition, disposition, or exchange — and an advisor will be in touch within one business day.