Arizona
PayPal’s Scottsdale Mission Critical Facility Sold for $31M
Denver-based Buchtel Realty Investors acquired 90 Mountain View Phase II in Scottsdale, AZ from Los Angeles-based Regent Properties for $30.5… Read more
Savills Studley Adds 6 to US Board
New York-based tenant rep firm Savills Studley has appointed Midtown-based vice chairmen Doane Kelly (pictured) and David Providenti to its… Read more
JLL Brokers Sale of Phoenix Industrial Asset
The Living Spaces Showroom and Distribution Center in Phoenix has traded hands in an off-market transaction. The 437,234-square-foot, Class A… Read more
Top Broker Honoree: Institutional Property Advisors’ Peter Katz
Peter Katz is a top earning agent with Marcus & Millichap in its Institutional Property Advisors (IPA) division. Katz leads… Read more
Top Broker Honoree: Institutional Property Advisors’ Cliff David and Steve Gebing
Colleagues say that Cliff David and Steve Gebing have achieved “extreme success” in selling apartment properties throughout Arizona. Based in… Read more
Ritz-Carlton Breaks Ground on Paradise Valley, AZ Resort
Scottsdale, AZ-based Five Star Development broke ground on The Ritz-Carlton, Paradise Valley, AZ. The 205-room hotel is set on 20… Read more
Hunt Mortgage Delivers $31M Loan for PHX MF
Hunt Mortgage Group provided a first mortgage bridge loan in the amount of $30.5 million to finance the acquisition and… Read more
Nevada Developer Breaks Ground on Tempe, AZ Hotel
Las Vegas-based CAI Investments broke ground on The Westin Tempe in the heart of Downtown Tempe, AZ on Seventh Street between… Read more
Pilkington Renews 200K SF at Lincoln Property’s Buckeye 75 in Phoenix
After completing a site selection search spanning the U.S. and Mexico, leading glass manufacturer Pilkington North America opted to remain… Read more
Bixby JV Investing $400M into U.S. Industrial Assets
Newport Beach, CA-based Bixby Land Company is partnering with European investor and manager AXA Investment Managers – Real Assets, to acquire… Read more
California’s Livability Ranking Dips to Four-Year Low
California’s livability slipped to a four-year low in Gallup’s annual “Well-Being Index” poll that ranks the nation’s states for quality… Read more
Canadian Investor Acquires Phoenix MF for $90M
Two entities formed by Vancouver, Canada’s Western Wealth Capital purchased Carlyle at South Mountain Townhomes & Apartments in Phoenix for… Read more
Vestar Nabs Vegas Retail Center for $87M
Phoenix-based Vestar acquired the Best in the West, a 430,000-square-foot shopping center in Las Vegas from Houston-headquartered Weingarten Realty Investors… Read more
600-Unit Tucson Student Housing Community Acquired
Hunt Mortgage Group provided a $19.1-million, first mortgage, bridge loan to finance the acquisition of The Ledges at West Campus,… Read more
Walker & Dunlop Closes $50M Mod-Rehab Loan for Arizona MF
Walker & Dunlop, Inc. structured a $49.6 million loan for Arrowhead Summit, a 412-unit, Class B property at 18330 North 79th Ave.… Read more
CBRE Completes $53M Sale of Arizona Apartment Community
Aldea at Estrella Falls, a 328-unit Class A multifamily property, located at 2400 N. Bullard Ave. in Goodyear, AZ, has… Read more
Counting Cranes: Construction and Development By the Numbers
It’s a bird, it’s a plane…. it’s a (good amount of) cranes. Rider Levett Bucknall (RLB), an international property and… Read more
Chinese Investors Acquire Hotel Portfolio from Barings for $800M
Hong Kong-based Junson Capital’s $800-million hotel portfolio acquisition from Charlotte, NC-based Barings included the Motif Hotel in Downtown Seattle. The… Read more
Scottsdale MF Trades for Record $210M
Optima Sonoran Village in Scottsdale, AZ sold for a record $210.4 million. The 206-unit luxury apartment complex at 6895 East… Read more