Arizona
BrightView’s Donnelly Sees “Challenging” 2021 for Development, Construction
BrightView Landscape Development’s president, Thomas C. Donnelly, shares insights for 2021. The Blue Bell, PA-based landscape contractor has more than… Read more
Expansion Doubles Banner Gateway Med Center
McCarthy Building Companies recently broke ground on the $243 million 351,000-square-foot Banner Gateway Medical Center Tower and Emergency Department expansion/renovation… Read more
Amenities Abound at Central Corridor Office Tower
Preparing for a 2021 return-to-the-office, Phoenix-based property management leader Arcadia Management Group, on behalf of building owner Bow River Capital,… Read more
Build-to-Rent Concept is Not Slowing Down in Phoenix
Construction financing totaling $62 million was obtained for Bungalows on Cotton Lane, a new 336-unit single-story build-to-rent community situated on… Read more
Riverside Ranks in Top Three Multifamily Markets
Radix compiled real-time data for the last 12 months on millions of units on its platform for the entire country.… Read more
Montreux in Phoenix’s Desert Ridge Community Goes for $117M
Montreux, a 335-unit mid-rise apartment asset in the Desert Ridge master-planned community of Phoenix, recently sold for $117 million, which… Read more
Pintar and Suncrest Partnership Acquire OZ Land in Phoenix
Pintar Investment Company and Suncrest Real Estate & Land recently acquired an 8.68-acre Opportunity Zone parcel in Phoenix. The partnership… Read more
Single-Family Build to Rent Product is Gaining Momentum
A 141-unit low density single-family and build-for-rent community located at 27441 N. Black Canyon Highway in Phoenix recently sold for… Read more
Property Managers RPM and CF Merge into RPM Brand
Austin-based RPM (formerly known as Roscoe Property Management) and Atlanta-based CF (CF Real Estate Services) have merged. The firm will… Read more
Residents Look to Phoenix Infill Locations
Ara Residences, a newly constructed 50-unit townhome community in Phoenix, recently sold to Luna Bear ARA Residences LLC, a California… Read more
Tolleson 107 Bolsters TCC’s Growing PHX Logistics Portfolio
Consistent user demand for a specific type of class-A logistics product led to the acquisition of a 25-acre site in… Read more
Location is a Big Draw for Village at Aspen Place
Location was one of the biggest factors in the recent $64.5 million acquisition of Village at Aspen Place, a 222-unit… Read more
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