Arizona
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
Park 67 Increases Tower 16’s Phoenix Foothold, Totaling Seven Assets
San Diego-based Tower 16 Capital Partners recently acquired Park 67 Apartments, a 160-unit multifamily property in Glendale, AZ, for $30.4… Read more
Offices at Chandler Viridian is Macquarie’s Second Phoenix Buy in Four Months
Macquarie Asset Management completed the purchase of the Offices at Chandler Viridian, a newly built six-story class-A office building in… Read more
Largest Marketed Portfolio Metro Phoenix 5 Goes for $414M
The Metro Phoenix 5 Portfolio, one of the largest marketed Arizona multifamily portfolios to date, recently sold for a combined… Read more
Lecangs Takes Down Full 1.2M SF Spec Facility
Duke Realty Corporation recently secured a full building tenant for its new 1.2 million-square-foot speculative distribution facility in Perris, CA,… Read more
Phoenix Growth Prospects Allow Intercontinental to Expand its Presence
Intercontinental Real Estate Corporation recently acquired Garden Grove Apartments, a 376-unit garden-style apartment complex in Tempe for $126 million. The… Read more
Blackstone Taking Bluerock Residential Private in All-Cash Deal
Blackstone Real Estate will take Bluerock Residential Growth REIT private in an all-cash transaction valued at $3.6 billion, the two companies… Read more
Kierland Logs Office Leasing Success with Nine Deals in 24 Months
Kierland Corporate Center I, a four-story office building totaling 109,811 square feet in north Scottsdale, recently sold for $37.75 million… Read more
San Giovanni Acquisition Financing Has Many Bells and Whistles
Acquisition financing of $40 million was recently arranged for San Giovanni, a 300-unit multifamily property located in Phoenix. The 2001-vintage… Read more
Stream Realty Partners Adds VP of Industrial Brokerage in Chicago
Stream Realty Partners has hired Paige Gunn to serve as a VP of industrial brokerage in its Chicago office. Gunn joins… Read more
Davlyn’s $114M Trevi Buy Checks all the Investment Boxes
Davlyn Investments recently closed escrow on the $114.38 million purchase of Trevi, a 290-unit class-A multifamily community constructed in 2005.… Read more
Arcadia Fiesta, Fully Backed by National Tenants, Sells for $41M
Arcadia Fiesta, a 154,436-square-foot retail shopping center in Phoenix, recently sold for $41.65 million. The buyer was an entity formed… Read more