Arizona
$1B Investment Would Give Uber’s Self-Driving Unit a Tune-Up
Uber Technologies is in late-stage discussions with a group including SoftBank and Toyota on taking a $1-billion stake in Uber’s… Read more
Leon Capital Plans 380-Unit MF in Arizona
Dallas-based Leon Capital Group plans to develop a 380-unit multifamily community in Gilbert, AZ, near the SanTan Village Mall. The… Read more
SIOR’s 2018 Top Transaction Award Winners Announced
The Society of Industrial and Office Realtors (SIOR) announced its Top Transactions Award Winners of 2018. This year, 533 SIOR… Read more
Drachman, Rawson Form Investment, Development Company
John Drachman, founder of Stillwater Investment Group, and Sean Rawson, founder of The Waterford Group, have joined forces to create… Read more
LGE Breaks Ground on 800K-SF in Goodyear, AZ
Phoenix-based LGE Design Build, in partnership with Chicago-based Clarius Partners LLC, broke ground on The HUB at Goodyear in Phoenix’s… Read more
Rockefeller Lands Pair of Tenants in Chandler, AZ
Rockefeller Group signed two tenants at Chandler Crossroads, a 100,000-square-foot flex industrial building at the corner of Gilbert and Queen… Read more
Trammell Crow Names Cathy Thuringer to Lead Phoenix Unit
Trammell Crow Company (TCC) promoted Cathy Thuringer to Business Unit Leader for the firm’s Phoenix Business Unit. Previously serving as… Read more
Amherst Residential Pays $404M for SFR Portfolio
Amherst Residential LLC of Austin closed on the purchase of 2,400 single-family rental properties, over several transactions valued at $404.1… Read more
MF Asset in Arizona’s Economic Super Core Sells for $60M
Marcus & Millichap’s Institutional Property Advisors’ (IPA) division handled the $59.6-million sale of Alante at the Islands, a 320-unit multifamily… Read more
Multifamily in Flux? Q&A with Colliers International’s Will Mathews
This past year continued positive for the multifamily sector, though issues such as affordable housing and increases in construction costs… Read more
Where is Search for Yield Taking Investors in 2019?
By Dennis Kaiser The search for yield in a late-cycle environment is drawing more commercial real estate investors into secondary… Read more
Lincoln Tops Out Tempe Office Development
Lincoln Property Company (LPC) poured the top floor of The Grand at Papago Park Center 2, bringing the Tempe, AZ-building… Read more
RHP Properties Adds Five-State Manufactured Housing Portfolio
RHP Properties acquired 17 manufactured home communities in five states containing 3,177 sites, including its first communities in Wisconsin. The… Read more
Bascom Affiliate Bags Tempe MF for $89M
Bascom Arizona Ventures, LLC acquired the Tempo at McClintock Station Apartments, a mid-rise multifamily property consisting of 423 residential units… Read more
Seattle Investor Snags Five-Property Western MF Portfolio for $100M
Berkadia originated a $97.85 million Fannie Mae Credit Facility, which provided permanent fixed-rate financing for the acquisition of five multifamily… Read more
Redevelopment Plans Unveiled for Uptown Phoenix Office
Phoenix-based George Oliver unveiled plans for its CASA redevelopment, a 181,188-square-foot, Class A office building in Phoenix’s booming Uptown neighborhood… Read more
MedCore, SunTrust, Trinity Snag Four-Asset Assisted Living, Memory Care Portfolio
Dallas-based MedCore Partners, together with SunTrust Bank and Trinity Private Equity Group, closed on a 409-unit assisted living and memory… Read more
Safeway Opens More In-Store AI-Powered Medical Clinics
Safeway shoppers in the Phoenix area can now pick up a gallon of milk and take care of any pesky… Read more
Opus Teams with Principal Real Estate on Peoria, AZ Apartments
In another project outside its Midwest base, the Opus Group plans to construct a new 352-unit, 10-building multifamily development in… Read more