Arizona
New Chapter for Phoenix Sheraton Grand Hotel Following $255M Sale to Marriott
The 1,000-room Phoenix Sheraton Grand Hotel is being sold for $255 million to Marriott International and a group of investors… Read more
What Markets are at Risk of Multifamily Supply Overload?
A new report by Yardi Matrix indicates that multifamily deliveries might outpace demand in some key U.S. housing markets. The research revealed… Read more
Investing in Multifamily: Challenges, Opportunities & Moving Forward
By Dennis Kaiser All five experts on the Investing in Multifamily: Challenges, Opportunities & Moving Forward panel at 2018’s Connect… Read more
Phoenix Sells Site Envisioned for $62M MXU Development
Scottsdale, AZ-based Berger Holdings LLC acquired a 0.59-acre parking lot in downtown Phoenix from the city for $2.8 million. It… Read more
SkySong’s Next Building Set to Launch at ASU Scottsdale Innovation Center
Plaza Companies is set to begin work on SkySong 5 at The ASU Scottsdale Innovation Center in Scottsdale, AZ. A… Read more
Blackstone’s BREIT, Greystar JV Acquiring $1.2B Student Housing Portfolio
New York-based Blackstone Real Estate Income Trust, Inc. is acquiring the EdR Student Housing Portfolio for $1.2 billion, in a 95%/5% BREIT-led joint venture with Charleston, SC-based… Read more
Utah Investor Picks Up Phoenix MF for $42M
There’s still time to join us for Connect Apartments on June 26th in Los Angeles. Here’s a link to find… Read more
How Many People Made Millions Selling Homes?
Real estate is considered to be a relatively safe bet for investments when compared to the stock market, but how… Read more
10 Hospitals Investing in Facility Upgrades, Expansions
Hospitals and healthcare systems across the United States are actively improving their existing facilities though upgrades and expansions, and building… Read more
AAF Awards Final Franchise to San Antonio
Alliance of American Football (AAF) will announce today that San Antonio is its eighth – and final – franchise. The… Read more
Bradley Cribbins Assumes Reins of Alliance’s Management Division
The Connect Apartments conference will take place June 26 in Los Angeles. For more information, or to register, log on… Read more
Prevarian Senior Living Snags $9.3M Fannie Mae Loan
Prevarian Senior Living, with help from Capital One Healthcare, secured a $9.3-million Fannie Mae fixed-rate loan to refinance its Arbor… Read more
New York Life Claims Phoenix Asset from Hines for $100M
Hines’ subsidiary, U.S. Office Value Added Venture III, divested 24th at Camelback I in Phoenix to New York Life Real Estate… Read more
MedProperties, Cypress West Form JV to Acquire Phoenix MOB
Dallas-based MedProperties Holdings LLC acquired its fourth MOB in the Phoenix Metro area in a joint venture with Cypress West… Read more
Conor Commercial Commences $45M Chandler Development
Rosemont, IL-based Conor Commercial Real Estate and Chicago-based WHI Real Estate Partners L.P. commenced construction on the $45-million Lotus Project… Read more
Arizona Developer Breaks Ground on Hotel in Ontario Near Arena
Scottsdale, AZ-based Glacier House Hotels broke ground on a 131-room Element by Westin Hotel in Ontario, CA. The property will… Read more
Glendale’s Westgate Entertainment District Divested by iStar for $133M
The Connect Apartments conference will take place June 26. For more information, or to register, log on here. YAM Westgate,… Read more
Dallas Data Center Developer Buys Nearly 70 Acres in Mesa, AZ
Dallas-based CyrusOne acquired 68.2 acres in Mesa, AZ with plans to develop a new five-building data center cloud campus for… Read more
Rent Spreads Remain Wide for Chicago’s New Industrial
Connect Industrial is coming up on July 11 in Chicago. Here’s a link for more information about the conference and… Read more