Arizona
LMC Delivers 300-Unit MF Overlooking Scottsdale Quarter
LMC opened Vitri, a 300-unit contemporary mixed-use apartment community in the heart of Scottsdale. The mid-rise project also includes 38,000… Read more
NorthMarq Secures $74M in Financing for Spec Office Development in Chandler
An affiliate of the Douglas Allred Company secured $73.5 million in financing for the speculative development of a 300,000-square-foot Class… Read more
SRS Negotiates Sale of Old Town Scottsdale Retail Building
SRS Real Estate Partners completed the sale of a multi-tenant building located at 4280 N. Drinkwater Blvd. in Scottsdale on… Read more
CBRE Brokers Single-Tenant Retail Property Sale in Scottsdale
CBRE arranged the $2.14 million sale of 16420 N. Scottsdale Rd., a 1,700-square-foot single-tenant retail property leased to The Coffee… Read more
Scottsdale’s Wells Fargo Gainey Center Claimed by NY Investor
AREA Exchange Asset III, LLC, an affiliate of New York City-based Ascent Real Estate Advisors, acquired Wells Fargo Gainey Center,… Read more
Finance Experts Outline CRE Lending Opportunities Ahead Despite COVID-19
By Dennis Kaiser Connect Commercial Real Estate’s Los Angeles Finance webinar, held earlier this week with a group of CRE… Read more
Put the Spotlight on Your Company’s Rising Stars
Response has been strong to Connect Media’s call for nominations in our fourth annual Next Generation Awards. However, we know… Read more
Two Fortune 100 Companies Land at Tempe’s Rio 2100
The Boyer Company signed a pair of leases totaling nearly 52,000 square feet with Fortune 100 companies at Rio 2100,… Read more
Hines, Oaktree Set Groundbreaking Date for Phoenix Industrial Project
Hines plans to start construction next month on the initial phase of G303, a Class A industrial development in Glendale,… Read more
173-Unit MF Property in Phoenix Trades Hands for $13M
Los Angeles-based Stepp Commercial completed a $12.8 million acquisition of Ocotillo Apartments, a 173-unit apartment community in Phoenix. The buyer… Read more
Greystone Delivers $91M Refi for 1,406-Unit Tucson MF Portfolio
New York-based Greystone provided $91,279,000 in Fannie Mae Delegated Underwriting and Servicing (DUS) loans to refinance a 1,406-unit multifamily portfolio… Read more
Mike Gallegos Joins HFO MF Team in Portland
Portland-based HFO expanded its multifamily team with the addition of Mike Gallegos, who joins as Managing Director. He currently serves… Read more
Gregory Talcott Joins Caliber from Virtua
Scottsdale’s Caliber Cos. expanded its team with the addition of Gregory Talcott, who joins as SVP, Private Client. The investment… Read more
Marcus & Millichap Brokers $21M West Central Phoenix MF Asset Sale
Marcus & Millichap completed the $20.7 million sale of Desert Willow, a 280-unit multifamily property in Phoenix. Marcus & Millichap’s… Read more
Unico Solar Forms JV, Plans Pipeline of CRE Solar Projects
Unico Solar, a wholly-owned subsidiary of Seattle-based Unico Investment Group, formed a JV with Excelsior Energy Capital to add solar… Read more
CBRE Completes $2.7M Sale of Starbucks in Glendale
CBRE arranged the $2.66 million sale of a 2,400-square-foot, newly constructed single-tenant retail property leased to Starbucks at 5905 West… Read more
Greenlight Snags $23M Construction Loan for Phoenix Development
Scottsdale-based Greenlight Communities secured $22.9 million in construction financing and joint venture equity for the development of Cabana on 99th,… Read more
JLL Arranges $186M Financing for Metro Phoenix MFs
JLL Capital Markets arranged a refinancing totaling $185.63 million for a 1,439-unit portfolio of five multi-housing properties in Metro Phoenix.… Read more
Kidder Mathews Brokers 35-Acre West Phoenix Site
Midwest Land Trust acquired a 35-acre development site at El Mirage Road and Northern Avenue in Maricopa County for $2,600,000.… Read more