Arizona
Troubles Mount for Texas Power Firms
In the wake of the power outage last month, more troubles are mounting for firms associated with the Texas power… Read more
JLL Trust Buys SE PHX Distribution Center for $91M
JLL Income Property Trust recently acquired the Southeast Phoenix Distribution Center, a newly constructed four-building class-A distribution center totaling 474,000… Read more
Despite Caution, Financing is Doable on Office
Highland Realty Capital recently secured a $10 million fixed-rate loan to refinance the 135,000-square-foot Mill Avenue Business Park in Tempe.… Read more
Limited Supply of Blank Canvas Presents Buyer with Open Road
Park at 33rd, a two-story 224-unit multifamily property in Arizona’s Deer Valley region near Phoenix, recently sold for $41 million… Read more
Artemis Real Estate Acquires 6-State, 10-Property Healthcare Portfolio
Chevy Chase, MD.-based real estate investment management firm Artemis Real Estate Partners has acquired a 10-property medical office portfolio in… Read more
Morgan Launches Pearl Biltmore Multifamily in Phoenix
Houston-based Morgan has opened the Pearl Biltmore, its first multifamily luxury community in the Phoenix market. Located near the intersection… Read more
Republic National Distributing Inks Full-Building Lease
A newly constructed 173,940-square-foot industrial warehouse in the greater Phoenix submarket of Tolleson recently added a full-building lease for a… Read more
Investcorp Buys Tempe Commerce Park for $85M
A recent light industrial transaction demonstrates the strength of BKM Capital Partner’s investment thesis, operating platform and commitment to generating… Read more
Phoenix Retail Sale Demonstrates Daily Needs Demand
Moon Valley Towne Center, a 106,571-square-foot retail shopping center located at the southeast corner of 7th Street and Bell Rd.… Read more
Property Manager Asset Living Reports 60% Growth in 2020
Houston-based property management provider Asset Living grew more than 60 percent in 2020 and now manages a portfolio of more… Read more
Phoenix Multifamily Asset Has a Compelling Loan Basis
A Phoenix multifamily property was delivered in May 2020 and, despite the pandemic, was leased to stabilization in just eight… Read more
Self-Storage Assets Remain Resilient Through COVID Uncertainty
Positive metrics in the self-storage market are increasing demand for this asset type. As a result, three self-storage properties located… Read more
Essential Businesses Remain Most Active Phoenix Developments
In addition to essential businesses, quick service restaurants continue to dominate in high-powered MSAs such as Phoenix, especially during the… Read more
Low-Density Layout is a Key Selling Point for The Tides on 5th
A multifamily community designed with a low-density site layout, including single-level and townhome apartment homes, was a selling point in… Read more
Optima Brings Property Management In-House at Three Chicago Rentals
Development firm Optima, Inc. will lead property management and leasing services at three Chicagoland Class A rental buildings – its 490-unit Optima Signature… Read more
New Owner Gets Renovated Multifamily Asset in $23M Buy
Treehouse Apartments were extensively renovated in 2016. Fast forward to today and the apartment asset recently sold to AHC Real… Read more
New Owner Gets Renovated Multifamily Asset in $23M Buy
Treehouse Apartments were extensively renovated in 2016. Fast forward to today and the apartment asset recently sold to AHC Real… Read more
Apartment Ventures’ $64M Acquisition Marks its Fourth SW Buy
Apartment Ventures NNC recently acquired the Village at Aspen Place, a 222-unit class-A mixed-use apartment. The Village was built in… Read more
Apartment Ventures’ $64M Acquisition Marks its Fourth SW Buy
Apartment Ventures NNC recently acquired the Village at Aspen Place, a 222-unit class-A mixed-use apartment. The Village was built in… Read more