Arizona
Northmarq Arranges $61M Sale of Multifam by the Beach in FL Panhandle
The Brookview Companies has purchased The Sound at Navarre Beach, a 250-unit multifamily community in the Florida Panhandle city of… Read more
Fully Vacant Chandler Industrial’s Sale Speaks to High Demand
A new 113,100-square-foot freestanding class-A industrial distribution building on 8.7 acres in Chandler recently sold in an off-market transaction. Denver-headquartered… Read more
Med Office Building Gets Underway at The Grove on Camelback Corridor
RED Development and Banner Health recently began construction on a new single-tenant medical building at the mixed-use development, The Grove,… Read more
Tempus Tests Tempe Temp and it’s Just Right
Warner Crossing, a two-building office complex located at 8260 and 8312 S. Hardy Dr. in Tempe, recently sold to Tempus… Read more
Crane Index and Quarterly Cost Report Reveals Eye-Opening Stats
International property and construction consultancy firm Rider Levett Bucknall (RLB) recently released its latest Crane Index and Quarterly Cost Report.… Read more
Holiday Inn Express Finds New Life as Multifamily
Tower Capital recently arranged a $23.2 million acquisition and renovation loan for a 132-key Holiday Inn Express hotel in Sacramento… Read more
Phoenix Growth Fuels Multifamily Demand for Five Assets
Combined financing of $24.2 million was recently obtained for five multifamily properties, a hotel and a retail property in Arizona.… Read more
Next Wave’s Value-Add Program Pays Off with Westover Parc
Next Wave Investors LLC, through a subsidiary company, initially purchased 103 of Westover Parc’s units as condominiums in September 2019… Read more
Avery is Decron’s Fourth Phoenix MSA Acquisition in Six Months
Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoenix MSA with the purchase of Avery… Read more
TA Realty Elevates Two Senior Executives to Partner, Acquisitions
Boston-based TA Realty, LLC, has promoted two senior executives from its acquisitions group, Christine Elmore and Thomas Shapiro, to partner.… Read more
Historic Gold Coast Showroom Space Trades for $45M
Fundamental Income, a Phoenix- based net lease real estate platform, purchased RH Chicago, The Gallery at the Historic Three Arts Club for… Read more
Seefried and Crow Holdings JV Gets Going on 101 Van Buren
Atlanta-based Seefried Industrial Properties has formed a joint venture with a real estate fund advised by Crow Holdings Capital to… Read more
Tech Sector Leads Rebound in U.S. Office Demand
The tech industry led a rebound in U.S. office-leasing activity in 2021, fueled by increased hiring and demand for tech… Read more
ZaZu Has Occupancy and Potential to Seal the Deal for Tides
ZaZu Apartment Homes at 1502 E. Osborn Rd. in central Phoenix recently sold to a Los Angeles-based investor for $43.75… Read more
Mission-Driven Crowdfunding Platform Small Change Backs Five Projects Nationwide
Pittsburgh-based Small Change, a mission-driven real estate crowdfunding platform, has raised $2.1 million for five projects across the U.S. totaling $54 million… Read more
LoanDepot Hits a Home Run for Boys & Girls Clubs
By the time the final pitch was thrown ending Major League Baseball’s 2021 League Championship Series, loanDepot racked up more… Read more
Hudson on Farmer Sows Refi of $45M
Refinancing of $45 million was recently arranged for Hudson on Farmer, a class-A multifamily property in Tempe, AZ. The 24-month… Read more
It’s Time to Spotlight CRE’s Standout Attorneys
The deadline is end-of-day on Friday to submit nominations for Connect CRE’s second annual Lawyers in Real Estate Awards. Response to this year’s awards program has been positive,… Read more
Verma Vistas Site is the Largest Privately Owned Land in West Maricopa
Properties of 1,000 acres and larger are difficult to come by, so that reportedly makes the parcel at 427th Avenue… Read more