Arizona
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
Lennar Plans Multifamily Development in Scottsdale
Charlotte, NC-based Lennar Multifamily Communities acquired two office buildings within Scottsdale’s Kierland development. The company plans to demolish the two… Read more
Yardi Matrix Reports Cooling Multifamily Market No Cause for Alarm
Despite an expected seasonal decline, the U.S. multifamily market has enjoyed a solid year in 2018. Rents fell by $2… Read more
Cascade Claims Space at The Hub in Chandler, Ariz.
Cascade Financial Services signed a lease for 52,608 square feet at The Hub, a 298,000-square-foot, two-story creative office building in… Read more
Hillwood Expands National Logistics Team
Dallas-based Hillwood expanded its acquisition, development and joint venture investment business focused on logistics/industrial real estate investment opportunities throughout the… Read more
Greystar Acquires Luxury PHX Camelback Corridor MF
Greystar Real Estate Partners, LLC acquired Crescent Highland, a 349-unit multifamily property in Phoenix on behalf of its real estate… Read more
Opus Divests Goodyear Crossing DC for $43M
Minneapolis-based Opus Development Company, LLC sold Goodyear Crossing Phase one, a newly-completed warehouse distribution facility in Goodyear, AZ for $42.7… Read more