Arizona
Logan Capital Purchases 155-Unit Flagstaff Rental-Home Community
This was Logan Capital Advisors third build-for-rent (BFR) purchase in Arizona since February of 2021. Berkadia completed the $75 million… Read more
X Phoenix II Taking Flight
Construction company Clayco is going vertical on its second downtown Phoenix residential high-rise. X Phoenix I is a completed 20-story,… Read more
Phoenix Exurb Site for New Build-to-Rent Community
Bela Flor Communities will soon start work on a new rental community in the Town of Maricopa, a growing town… Read more
Metro Phoenix Business Park Trades for $38 Million
BKM Capital Partners acquired the 153,000 square foot light-industrial Mesa Ridge Business Park from an entity owned by Randall Investment… Read more
Tauro Capital Advisors Opens Up New Dallas Office
They’re no stranger to Dallas, having participated in over $1 billion in various commercial real estate transactions and advisory assignments… Read more
240-Unit Phoenix Rental Community Sold to Draper and Kramer
The company paid $109 million for the 15-building Senita on Cave Creek apartment community. The unit price of the 240-unit… Read more
Berkadia’s Mark Forrester and Andrew Curtis on Single-Family Rental’s Continuing Strength
The U.S. single-family for-sale market may be at an inflection point given increases in mortgage rates that are likely resulting… Read more
Land Deal at Tempe Town Lake to Kickstart Mixed-Use Development
The transaction paves the way for a $1.8 billion mixed-use development project recently approved by the Tempe City Council. The… Read more
NextGen Spins Off Mesa Apartment Complex
The 104-unit Craft @ Gilbert & Baseline was sold for $45 million, or $432,000 a unit. The sale occurred in… Read more
CoreLogic: Home Prices Continue Climbing
In the face of increasing mortgage rates, home prices across the United States increased by 20.2% year over year in… Read more
Tucson’s Massive Hilands Changes Hands
It’s a well known Tucson property, situated on the way up to the affluent Catalina Foothills. Besides its views, it’s… Read more
Two Prime Scottsdale Office Buildings Sold Off
The Terra Verde I and Tower at Scottsdale Landing were bought by Edgewood Real Estate Investment Trust for $85 million.… Read more
Self Storage Specialist Breaks Ground on New Las Vegas Facility
DXD Capital is building a new three-story, 1,163-unit facility located at 9580 W. Flamingo Avenue. It’s the third development in… Read more
Atlanta’s MDH Partners Finalizes $1.26B Sale of 58-Property Logistics Portfolio
Atlanta, GA-based MDH Partners has closed the $1.26-billion sale of its Sunbelt Logistics Portfolio to a global institutional investor. MDH… Read more
Phoenix Office Market, While Still Robust, Shows Signs of Fatigue
A recent Kidder Mathews survey shows that although leasing volume picked up over the last year, the office market experienced… Read more
North Phoenix High Street Announces Ownership Change, Expansion Plans
The over-600,000 square foot mixed-use project is adjacent to the Desert Mirage Marketplace and JW Marriott Desert Mirage Resort and… Read more
Greystar Begins Building Phoenix-Area 2 Million Square Foot Industrial Park
The park is going in at the corner of Sossaman and Pecos Roads in Mesa, Arizona. It’s being called Gateway… Read more
Scottsdale Office Asset Sells for $264 a Square Foot
The 126,000 square office development in the high-end Gainey Ranch area of Scottsdale sold for $33 million dollars. Alturas Gainey… Read more
Minneapolis Industrial Investor Meritex Closes Fund IV After Reaching $100M Target
Minneapolis-based industrial investment firm Meritex has closed the commitment period for Meritex Industrial Fund IV with the fund achieving its… Read more