Arizona
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
CIM Group Affiliate Acquires Cole Capital from VEREIT
An affiliate of Los Angeles-based CIM Group acquired Cole Capital from Phoenix-based VEREIT, Inc. In connection with the transaction, VEREIT… Read more
Iconic PHX Office Tower Trades for $81M
BMO Tower at Central Arts Plaza, a 24-story, 485,687-square-foot office building in Phoenix, has sold for $80.7 million. A joint… Read more
$1B Electric Semi-Truck Plant, 2,000 Jobs Coming to Arizona
Nikola Motor Co. plans to build a $1-billion manufacturing plant and relocate its R&D, as well as company headquarters to… Read more
Apple Partners with 12 Health Systems to Make Medical Records Available on iPhone
Apple debuted a new feature to its Health app that allows people to see their medical records on their iPhone.… Read more
C&W Report Identifies Fastest Growing Healthcare Markets
The fastest growing healthcare markets are also the same markets that boast the largest population of older Americans, according to… Read more
Frank Lloyd Wright’s Last Residential Project on the Market
In 1959, renowned architect Frank Lloyd Wright passed away. Before he did so, he left behind numerous architectural wonders that… Read more