Arizona
TSMC Partnering on Massive Mixed-Use Project Near Plant
For Taiwan Semiconductor Manufacturing Company (TSMC), building in-demand computer chips is not enough. TSMC Arizona is now partnering with PulteGroup… Read more
Tucson Apartment Developer Closes on $40.5M Loan
MC Companies obtained a $40.5 million construction take-out financing for The Place at Silverbell, a 300-unit apartment community in Tucson.… Read more
Sunroad, Fairfield Capitalize $1.1B Apartment Portfolio Across Six States
JLL’s Capital Markets group arranged a $1.1-billion, 15-property, national apartment portfolio venture across six states. The group worked on behalf of Sunroad… Read more
Grill Maker Picks Up Two N. Phoenix Warehouses for $22.5M
Dansons, a barbecue grill maker, bought two warehouses totaling 124,000 square feet in a Deer Valley office park. The Phoenix… Read more
PNC Adding Arizona, Colorado Banking Centers
PNC Bank bought FirstBank Holding Co., and with it, an increase in branches across Arizona and Colorado. PNC will grow its… Read more
Vestar Proceeding with Laveen Open-Air Retail Center
Vestar is moving forward with plans to develop Laveen Towne Center. The open-air shopping center will sit on a 90-acre… Read more
BKM, Kayne Anderson Pay $167.9M for Phoenix Light Warehouse Portfolio
BKM Capital Partners (BKM) and Kayne Anderson Real Estate acquired an 889,352-square-foot light industrial portfolio in Metro Phoenix for $167.9 million. The… Read more
Gantry’s Jeff Wilcox Sees Banks Return to CRE Lending
At Connect Apartments 2025 coming up on Thursday in Los Angeles, you’ll hear from capital markets experts in the “Multifamily Finance in Focus: Debt, Equity,… Read more
NRP Planning Casa Grande Affordable Housing Venture
The NRP Group is eyeing a 336-unit affordable multifamily residential community at 1400 N. Promenade Pkwy. in Casa Grande. The project… Read more
MG Acquires 361-Unit Richardson Apartment Community
MG Properties acquired Ovation at Galatyn Park, a 361-unit apartment community located at 2323 Plaza Blvd in Richardson, Texas. It opened in… Read more
EdgeCore Scoping 332K-SF Data Center in Florence
EdgeCore is just a vote away from building a 72 megawatt data center in the Arizona rural town of Florence,… Read more
TruAmerica Multifamily Acquires Seattle Metro Apartments
TruAmerica Multifamily has acquired two apartment communities, including the Archstone Redmond Lakeview property in the Seattle metro area. CBRE’s Eli… Read more
Goodyear Seeking Developers to Add to Ballpark Experience
The Goodyear Ballpark attracts 350,000 fans a year to its spring training facilities. The city wants to capitalize on the… Read more
QTS Nears Closing on $600M Refi for Phoenix Data Center
QTS Realty Trust is seeking nearly $600 million as part of an ABS financing package backed by its PHX2DC2 data… Read more
Three Phoenix Warehouses Trade for $116.7M
Link Logistics sold three industrial buildings to INDUS Realty Trust for $116.7 million, much more than Link originally paid for… Read more
Empire Group Starts Work on 287-Unit San Tan BTR Community
Empire Group of Companies has broken ground on Village at Borgata, a 287-unit single-family build-to-rent (BTR) community located at 3959… Read more
Bela Flor Lands $116M Refi for 3-Property BTR Portfolio
CBRE has secured $116 million in pre-stabilized bridge financing for three recently delivered built-to-rent properties in the greater Phoenix metro… Read more
Claire’s Closing 5 Phoenix-Area Stores
Claire’s, a mall boutique chain favored by tweens, teens, and young women, is set to close more than 290 stores nationwide as… Read more