Arizona
Cavan Spins Off Phoenix BTR Community for $112.5M
Cavan Cos. has sold The Bungalows on Camelback, a 334-unit, build-to-rent asset in Phoenix, for $112.5 million. That comes out to about… Read more
Dimension Moving Ahead on 3-Building N. Phoenix Industrial Park
Dimension Financial Realty and Investments hopes to add its footprint to burgeoning North Phoenix. The Phoenix Business Journal reports the… Read more
The Sunbelt and Multifamily: Oversupply Isn’t the Whole Story
For the past two years, one word has dominated conversations about the Sunbelt apartment market: oversupply. The numbers behind the… Read more
Provident Building $25M Tucson Distribution Center
Provident Industrial acquired 10 acres in Tucson, Arizona, for the development of Valencia Airport Center, a 163,000-square-foot Class A distribution… Read more
Rise48 Equity Acquires N. Phoenix Rental Community
Tailwind Investment Group offloaded Rise at the Northern, a 108-unit apartment community at 17840. N. Black Canyon Highway in far… Read more
Northmarq’s Mid-Atlantic Team Completes $26M Sale of Manufactured Home Community
Northmarq’s Mid-Atlantic Investment Sales team has completed the $25.5-million sale of Vintage Acres, a 300-pad manufactured housing community located at… Read more
Newmark Lands Listings to Sell 3 Phoenix-Area Class A Office Properties
Newmark has the listings for three Class A office properties in the Phoenix Metro area. The Phoenix Business Journal reports… Read more
Hyatt Regency to Take Over Vacant Tucson Hotel Tower
Hyatt Hotels Corporation, in collaboration with HSL Properties and Desert Hospitality Management, will debut the Hyatt Regency Tucson Convention Center,… Read more
Three Phoenix Golf Courses Change Hands for $57M
Thompson Golf Group (TGG) sold three Phoenix-area golf courses but will stick around and manage the courses. The Walden Group was… Read more
Lender Offloads 301-Unit Tucson Apartment Asset
A lender-owned Tucson apartment complex traded for $32 million, well below what the previous buyer paid for the development four… Read more
Booming Buckeye Slated for 114K-SF Retail Center
Retail developers count rooftops, and Buckeye is one of the nation’s fastest-growing cities. Buckeye’s population has increased by over 41%… Read more
Target to Open Store at Medina Station
Target is preparing to open its sixth store in Mesa next month. The Phoenix Business Journal reports Target will open… Read more
Lincoln Picks Up Over 1M SF in Leases at Luke AFB-Area Development
Lincoln Property Company (“Lincoln”) executed two full-building leases at its 2.4 million-square-foot Luke Field development in Glendale, Arizona. Totaling over 1.1… Read more
Diversified Advancing Mesa Power Center
Diversified Partners is moving ahead with Destination at Gateway, a 163-acre power center development located at the new SR-24 interchange… Read more
Alliance Sells Phoenix Apartments for $81.4M
Goldman Sachs acquired Broadstone Seventh Street, a 258-unit multifamily property in Phoenix. Commercial Search reports Alliance Residential Co. sold the… Read more
New Tucson Tribal Casino Reveals Start Date
Casino Del Sol, the resort enterprise owned and operated by the Pascua Yaqui Tribe, confirmed November 16 as the official… Read more
Connect CRE Spotlights the 2026 Next Generation Award Winners
For the 10th consecutive year, Connect CRE is honoring up-and-coming industry leaders with the 2026 Next Generation Awards. These awards… Read more