Arizona
Trinity Unloads Phoenix’s Largest Resort for $865M
Trinity Investments (“Trinity”) sold the JW Marriott Phoenix Desert Ridge Resort & Spa, a 950-room hotel and the largest resort… Read more
Scottsdale Apartment Project Greenlighted
The city of Scottsdale gave DPC the go-ahead to build a 189-unit apartment complex on roughly 8.5 acres at 7000… Read more
PCCP Secures Financing for Gilbert Apartment Project
Artom Holdings obtained $58 million in financing for The Parker on Higley, a Class-A, 261-unit multi-housing development in Gilbert. The… Read more
Work Underway on Arizona’s First Buc-ee’s
A Buc-ee’s the size of a neighborhood supermarket broke ground in Goodyear. The 75,000-square-foot travel center, to be located at… Read more
Tower Capital Arranges $79.5M Refi for Phoenix BTR Community
Tower Capital arranged $79.5 million to refinance an existing loan for the Village at Bronco Trail, a 354-unit BTR community… Read more
CRG Introducing The Cubes to Nashville
CRG is bringing its vaunted Cubes to Nashville. The Cubes at Sparta Pike is a master-planned industrial park comprising four… Read more
McCarthy Cook Acquires Mesa Warehouse Facility
Jeff Arnold sold the Tailwinds at the Gateway Industrial Complex in Mesa for $51 million or about $300 a square… Read more
MC Picks Up 282-Unit Scottsdale Rental Asset
MC Companies acquired The Core Scottsdale — a Class A multifamily community located in North Scottsdale. MC Companies secured acquisition… Read more
Berkadia Student Housing Transacts on 11K Beds in Q1
Berkadia announced that its Student Housing platform had a successful first quarter with significant transaction activity nationwide. The platform transacted… Read more
MLB Owner Adds to Phoenix Holdings
Los Angeles Angels billionaire owner Artie Moreno recently bought a 21-acre vacant lot in Gilbert for $24.5 million. The sale… Read more
Headquarters Relocations: When, Who, Where, and Why
It’s not easy for a large company to pick up its headquarters operations and move them elsewhere, whether that move… Read more
Creation to Start Work on The Switchyard in Queen Creek
Creation is days away from starting construction on The Switchyard, a $120 million mixed-use project in Queen Creek. The mixed-use… Read more
Chandler “Lakefront” Property Sells for $90.5M
TGM acquired a 296-unit apartment complex in Chandler for $90.5 million. The property is now named TGM Ocotillo Bay. Built… Read more
Data Center Planner Ties Up 1,515-Acre Austin-Area Site
Data center developer Tract acquired a 1,515-acre land parcel in Caldwell County, in the tiny town of Uhland. The acquisition… Read more
Scottsdale Scores New Hyatt Hotel Concept
Scottsdale-based Caliber Cos. entered into a Development Rights Agreement with Hyatt Hotels Corporation to develop 15 new Hyatt Studios hotels… Read more
Goodyear Zones Massive Parcel, Building Plans Uncertain
Rankin Real Estate paid $32.5 million for a parcel on Citrus Road and I-10 last year and recently had the… Read more
Phoenix Spends Nearly $30M for RIO PHX Plan
The City of Phoenix acquired a 29.4-acre infill parcel in Phoenix from ATLAS Capital Partners in a $29.6 million transaction.… Read more
312-Unit Tucson Rental Project Fully Funded, Under Construction
MC Companies started work on The Place at Mason Ranch in Tucson. Conceived in 2021, when MC Companies paid $4.4 million… Read more
Greystar, Crown Ink $64M Financing for Phoenix Apartments
Harbor Group International provided a $64 million senior loan to a joint venture between Greystar Development (“Greystar”) and Crown Realty Group (“Crown”)… Read more