Arizona
MedCore Divests Central WA Senior Living Facility
MedCore Partners closed the sale of Cooks Hill Manor, a 72-unit assisted living community in Centralia, WA. Terms of the sale weren’t… Read more
Multi-Tenant, Suburban-Phoenix Office Complex Changing Hands
The busy (and getting busier) corridor of Hwy West 101 – near Interstate 10 – in Phoenix is seeing an… Read more
Capital One Aids Sterling Bay in Sorrento Mesa Loan
Capital One’s Medical Properties team closed 90+ loan transactions in 2021, totaling $4.2 billion, in total, with some of those… Read more
Berkadia’s Jeff Coles on Single-Family Rental’s Continuing Surge
To an investor focused squarely on multifamily, 2021 might appear to have been the year that the industry discovered the… Read more
North Phoenix Continues to Pop, CRE-Wise
North Phoenix is trending upward – and upward – building on a phenomenal, record-setting year for deals and development from… Read more
Uptick in Build-to-Rent Interest Around Denver Grows
A developer known for its work in Denver’s Ballpark District is expanding its scope (again) to Greeley, CO, with a… Read more
Creation Equity Announces Massive Build in Buckeye
Creation Equity, a Phoenix-based “alternative real estate development firm,” says it will begin work on a five-million square-foot industrial park… Read more
CapRock Breaks Ground on 3M-Sq-Ft Complex in Phoenix
With 183 acres and 3.4 million square feet of earth to move around, construction is underway for a speculative infill… Read more
Time to Submit Nominations for the Year’s Top Sales and Leasing Brokers
The deadline is drawing near to nominate commercial real estate’s top leasing and sales brokers for Connect CRE’s fifth annual… Read more
Stos Trades Phoenix-Metro Property for $28M After One-Year Hold
Bought in 2020 and sold just over a year later, Stos Partners sold its 227,000-square-foot, single-tenant industrial property in Tolleson,… Read more
Large Japanese Player Re-Enters US Market, via Phoenix
In a first-time collaboration, two known CRE names are collaborating on a 150-unit, multi-family housing complex in Fountain Hills, AZ,… Read more
SB Real Estate Establishes New Target Market with $75M Buy
SB Real Estate Partners (SBREP) acquired Bridge Creek Apartments, a 270-unit garden style multifamily community in the Portland, OR submarket… Read more
Extended Stay Scottsdale Hotel Trades for Residential Conversion
Scottsdale-based investment firm Sterling Real Estate Partners recently acquired Suites on Scottsdale in an off-market transaction with plans to convert… Read more
Idaho Investor Scoops Up Tucson Retail
Cushman & Wakefield brokered the sale of Tucson Fiesta, a 93,005-square-foot shopping center asset in Tucson. Located at the corner… Read more
LPC Makes Its First PHX Industrial Deal of 2022
In its first major metro Phoenix industrial acquisition of 2022, Lincoln Property Co. (LPC) has closed on two buildings at… Read more
Belgravia Sets Sights on Scottsdale for First Project Outside Chicago
Chicago-based Belgravia Group, Ltd. has selected Arizona for its first development outside Chicago. The 70-year-old firm will build Portico – North Scottsdale, a 112-unit… Read more
Berkadia Webinar Charts What’s Ahead Following “Incredible Year for Multifamily”
“Without overstating the obvious, 2021 was an incredible year for the multifamily industry,” Berkadia CEO Justin Wheeler said at the… Read more
High Street/PGIM JV Launches Resi Portion of North Scottsdale MXU
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company (TCC), and joint venture partner PGIM Real Estate have… Read more
SBREP’s Aggressive Investment Approach is Fueled by Robust Fundamentals
SB Real Estate Partners (SBREP) recently acquired Bloom 24, a 114-unit garden style multifamily community in Phoenix for $34.2 million.… Read more