Arizona
Are Hotels Getting into Co-Working?
Hotel amenities for business travelers vary from full-fledged business centers (complete with computers, printers and free WiFi), to lobbies conducive… Read more
U.S. Multifamily Sector Riding a Robust Cycle
Despite finishing flat, the U.S. multifamily sector enjoyed a solid year in 2018. The $1,419 average national rent in December,… Read more
Oaktree, Cypress Claim Scottsdale Office Asset for $92M
Raintree Corporate Center, an institutional-quality, 345,417-square-foot office project in Scottsdale, AZ, was acquired by funds managed by Oaktree Capital Management,… Read more
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more
Coming to Hays County: Driftwood Golf & Ranch Club
Arizona developer Discovery Land Co. LLC unveiled plans to build the Driftwood Golf & Ranch Club in northern Hays County,… Read more
LaSalle Property Fund Acquires 488-Unit Luxury MF in Phoenix
LaSalle Investment Management acquired San Melia, a 488-unit luxury multifamily community in Phoenix, on behalf of LaSalle Property Fund, its… Read more
The Billion Dollar Club: 2018’s Most Expensive Healthcare Development Projects
In 2018, 12 hospitals and health systems announced or unveiled facility expansions and renovations with price tags of $1 billion… Read more
CBRE Promotes Philip Voorhees to Vice Chairman
CBRE promoted Philip Voorhees to Vice Chairman, the highest producer ranking at the firm. Voorhees heads the National Retail Partners–… Read more
TruAmerica Multifamily Snags Tempe MF’s for $67M
Los Angeles-based TruAmerica Multifamily, in joint venture with an unnamed institutional capital partner, acquired a two-property, 472-unit apartment portfolio in… Read more
Weaker Housing Market Drives Growth in Apartment Sector
A weaker national housing market continued to benefit the apartment market, according to research by Reis. The apartment vacancy rate was… Read more
Bixby JV Secures $180M Credit Facility for Industrial Assets
HFF arranged a $180-million credit facility on behalf of a programmatic JV between Newport Beach, CA-based Bixby Land Co. and… Read more
Oro Valley Shopping Center Trades for $41M
Tucson-based Town West Realty purchased Oracle Crossings, a Sprouts Farmers Market-anchored neighborhood shopping center in Oro Valley, AZ, from Houston-based… Read more
Healthcare Real Estate Insights Names 2018 Award Winners
Healthcare Real Estate Insights™ announced the winners of the 2018 HREI Insights Awards™, the only national awards dedicated to recognizing… Read more
Collier’s Cindy Cooke: The Skinny on the Southwest
The Southwest region regularly ratchets up positive metrics when it comes to multifamily. To learn more, Connect Media asked Cindy… Read more
Hunt Finances Acquisition of Pair of AZ MF’s
Hunt Real Estate Capital provided agency loans totaling roughly $22.5 million to finance the acquisition of two multifamily properties in… Read more
1,800 Companies Left California in a Year, Texas Remains Top Destination
A new study shows that 1,800 companies left California in 2016, the most recent year figures were available. The main… Read more
Prologis Picks Up Southwest Phoenix Industrial for $93M
Prologis Inc. acquired Westside Business Park, a 1.1-million-square-foot, Class A industrial park in the southwest Phoenix suburb of Tolleson, AZ,… Read more
Lincoln Property Co. Unwraps Phoenix’s First 40-Ft. Clear Height Facility
Lincoln Property Company completed the $85-million Lincoln Logistics 40, a project spanning more than 20 acres of Class A industrial space… Read more
Workforce Housing Well Positioned to Outperform Market, CBRE Analysis Finds
Strong market fundamentals are attracting a wide variety of investors to workforce housing, creating good returns and helping to preserve… Read more