Arizona
SB Sells Two-Property Portfolio After Repositioning in Quick Order
SB Real Estate Partners (SBREP) recently completed the sale of a two-property 365-unit multifamily portfolio in Phoenix to Rise48 Equity… Read more
Frontier Airlines Will Resume Midway Airport Service
Frontier Airlines, which ceased flying out of Midway Airport in 2015, will resume service from the South Side facility in April. Flights from Midway initially will… Read more
Berkadia Arranges $23M Sale of SFR Portfolio in Palm Beach County
Berkadia has arranged the sale of a single-family rental portfolio composed of 57 homes in Palm Beach County, FL for… Read more
ASU Portfolio Includes One Off- and Seven On-Campus Properties
American Campus Communities Inc. recently formed a joint venture for the ownership of its existing eight-property Arizona State University (ASU)… Read more
Metro Business Park Marks Schnitzer Properties’ Fifth Phoenix Buy
Metro Business Park, a 188,820-square-foot light industrial business park in Phoenix, recently sold for $33.5 million. The park consists of… Read more
28-Story PALMtower is Underway in Downtown Phoenix
Design-build firm Clayco recently started construction of PALMtower, a new 28-story residential tower in downtown Phoenix. The structure is scheduled… Read more
Nominate 2021’s Top Leasing and Sales Brokers
In 2021, the second year of the global pandemic, commercial real estate’s dealmakers got it done. Do you know a broker… Read more
Construction is Set to Go Later this Year on Cotton Lane Commerce Park
Trammell Crow Company recently closed on a 68-acre development site in Goodyear, AZ for the development of Cotton Lane Commerce… Read more
HUB @ 202 is One of Last Contiguous Parcels of Scale in Southeast Valley
A partnership led by Wharton Industrial and Madison Ventures Plus recently procured $224 million in acquisition and construction financing for… Read more
Q&A with Berkadia’s Dori Nolan on Multifamily’s “Tremendous” 2021
The year that just closed saw the multifamily investment sales market firing on all cylinders, with activity coming from all… Read more
Yardz on Kolb Closes One of Largest Multifamily Portfolios in Tucson
Yardz on Kolb, a 410-unit multifamily asset in Tucson, recently traded for $65.5 million or $159,756 per unit. The buyer… Read more
All Phoenix Submarkets Stay Hot Due to Robust Market Fundamentals
Seven multifamily properties totaling 285 units in the Greater Phoenix area recently sold in separate transactions for $64 million. The… Read more
BKM Logs 25th Acquisition in Phoenix Metro
Newport Beach-based BKM Capital Partners recently acquired Scottsdale Commerce Center, a four-building multi-tenant light industrial business park totaling 85,362 square… Read more
Seaview Capital Plans Expansion of 1,000+ Units in Phoenix Metro
Refinancing to the tune of $36.35 million was recently arranged for The Premiere at Eastmark, an apartment community in Mesa.… Read more
St. Clair Holdings Grabs Bungalows for $73M
The Bungalows on Estrella, a 183-unit garden-style multifamily property in Goodyear, AZ, recently sold for $73.2 million. The buyer was… Read more
Within a Week of Listing, Team Receives Several Offers
A fully leased industrial asset comprising four buildings totaling 110,679 square feet recently sold in the Deer Valley submarket of… Read more
Go Solar Group Signs Titan Solar Power as National Installation Partner
Go Solar Group recently announced its newly inked partnership with Titan Solar Power as its national installation team. Founded in… Read more
Mark Acquisition Provides Return of 195% or 95% Profit
The Mark, an off-campus student housing community at 1115 E. Lemon St. in Tempe, has been sold to a San… Read more
Four-Property Portfolio is Perfect Fit for Bridge Loan
Financing to the tune of $317 million for a four-property portfolio totaling a combined 1,368 units was recently arranged on… Read more