Arizona
Tower 16 Actively Expanding, Remains Bullish on Phoenix
San Diego-based Tower 16 Capital Partners recently acquired two properties across two separate transactions totaling 508 units in Phoenix. The… Read more
Infrastructure Bill Could Ratchet Up Data Center Demand Even Higher
“The world has become increasingly digital, a trend that has only accelerated during the pandemic, and consequently data centers are… Read more
Novva Data Centers Acquires Tier 3+ Center, its First Foray in Colorado
According to JLL research, the global green data center market is expected to grow by nearly $45 billion from 2020… Read more
Decron Ramps Up Phoenix Acquisition Process
Decron Properties continued its rapid expansion into the Phoenix MSA with its recent acquisition of Broadstone Grand, a 300-unit multifamily… Read more
BKM Capital Partners Executes $261M Recapitalization of Fund I
Multi-tenant parks attract a growing entrepreneurial tenant base, cater to numerous users and allow for growth within the park, typically… Read more
Imperium Capital Acquires Four-Acre Parking Facility Near Port of Savannah
New York-based Imperium Capital has acquired a secured truck and trailer parking facility in Savannah. The four-acre property was purchased… Read more
Metro Phoenix Shows No Signs of Slowing Down
Companies across the country are packing up and moving to Arizona. With its skilled talent pipeline, affordable cost of living… Read more
U.S. Home Price Gains Set Records for Third Consecutive Month
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 18.6% annual… Read more
InTrust Plans to Upgrade All Units After Multifamily Buy
A $29.36 million loan was recently secured for the acquisition of Sunflower and Veranda Apartments in Glendale, AZ. The loan… Read more
Cross-Dock Facility Presents Rare Investment Opportunity in Goodyear
A newly developed industrial cross-dock facility totaling approximately 450,600 square feet on roughly 29 acres recently sold for $56 million.… Read more
Out-of-State Multifamily Investors Expand Targets to Include Tucson
The employment market in Tucson is adding back workers at an active pace. Year-over-year through the second quarter, employment growth… Read more
Village on Main is One of Few Multifamily Opportunities on Waterfront
San Diego-based Properties Group recently acquired Village on Main Apartments for $85.5 million. The 200-unit community is one of the… Read more
The Christopher Provides Buyer Long-Term Yield Stability
L&B Realty Advisors LLP recently acquired The Christopher at The Union in Dallas, purchased on behalf of an L&B client.… Read more
Greystar Recognizes Upside Potential of Cordoba
Cordoba, a 352-unit apartment community in Phoenix, recently sold to Greystar of Charleston, SC. In making this purchase, Greystar recognized… Read more
Now’s the Time to Nominate CRE’s Most Influential Women
The deadline is drawing near to participate in our fifth annual Women in Real Estate Awards. We’re continuing to call for… Read more
Gilbert Crossroads Business Park is Fully Leased Prior to Completion
Leasing is buttoned up for Gilbert Crossroads Business Park, with all tenants signed before construction completion. The project includes four… Read more
Canadian Private Investor Acquires Longbow Marketplace
Longbow Marketplace, a Sprouts-anchored retail center in Mesa, was constructed from 2017 to 2019 on an 8.5-acre lot located at… Read more
Veranda & Sunflower Sells for $158K Per Unit
Veranda & Sunflower Apartments, a 208-unit multifamily apartment community located in Glendale, AZ, recently sold for $32.85 million or $157,933… Read more
Four BTR Developments, Two States Add Up to $108M in Financing
Tower Capital arranged nearly $108 million in combined financing for four single-family build-to-rent (BTR) developments in two states. The larger… Read more