Arizona
Bela Flor Sells Mesa BTR Community for $450K/Unit
Bela Flor Communities has sold Bella Encanta, a 212-unit, build-to-rent (BTR) home community in Mesa. A global institutional investor acquired… Read more
Mark-Taylor Residential’s John Carlson Offers Up a Preview of the Upcoming Connect Phoenix Multifamily, SFR & BTR Event, April 10, at the Westin Kierland Resort & Spa in Scottsdale
As a runup to the Connect Phoenix Multifamily, SFR & BTR event at the Westin Kierland Resort & Spa in… Read more
Radix Chief Economist Jay Denton Provides Sampler of Upcoming Connect Phoenix Multifamily, SFR & BTR Event
We are continuing with our series of previews from esteemed panelists we are showcasing for the upcoming Connect Phoenix Multifamily,… Read more
Kidder Mathews Adds Edward Castro as General Counsel
Kidder Mathews has welcomed Edward Castro as General Counsel. In this role, he will serve as the chief legal advisor… Read more
Phoenix Tops Nation in BTR Deliveries
According to the latest Point2Homes Build-to-Rent report, Phoenix ranks #1 nationally for both the number of Build-to-Rent units delivered in 2024 and the number… Read more
1.3M-SF Tucson Mall Up for Sale
The Tucson Mall at 4500 North Oracle Road has been put on the market. Michael Hackett, Ryan Schubert and Zach… Read more
Nominate a Rising Star for Connect CRE’s Ninth Annual Next Generation Awards
Connect Commercial Real Estate’s eighth annual Next Generation Awards in 2024 put the spotlight on 110 of commercial real estate’s… Read more
Crowdfunding Investor Buys Distressed Phoenix Apartments
Neighborhood Ventures (NV) closed on Venture on 52nd Street, a 71-unit multifamily property located at 5245 E Thomas Road, in… Read more
Trammell Crow’s Nate Stum Shares Insights for Upcoming Connect Phoenix Multifamily Event
On April 10th, ConnectCRE is hosting Connect Phoenix Multifamily, SFR & BTR, at The Westin Kierland Resort & Spa. We… Read more
Phoenix Becoming Data Center Powerhouse
JLL’s new North America Data Center Year-End 2024 Report reveals a sector charging full speed ahead, with metro Phoenix remaining a top… Read more
Thorofare’s Andrew Kim Provides Preview of Upcoming Connect Multifamily Event
On April 10th, ConnectCRE is hosting Connect Phoenix Multifamily at The Westin Kierland Resort & Spa. We caught up with… Read more
Extended Stay Hotel Group Buys Mesa Parcel
West77 Partners is planning a LivAway Suites Hotel in Mesa, one of six it wants to build in Arizona this… Read more
ATLAS Buys Mesa Industrial Site, Plans 4-Building Warehouse Project
ATLAS Capital Partners (ATLAS), along with development partner Hawkins Development Company, has announced the $13.8 million acquisition of approximately 38 acres… Read more
JLL, HJ Sims Obtain Financing for Two Arizona Sr. Housing Facilities
JLL and HJ Sims have arranged $239.68 million in tax-exempt and taxable bond financing for the Integrated Senior Foundation—Ativo Portfolio,… Read more
Scottsdale Developer Scores Refi for Whole Foods-Anchored Center
A planned Whole Foods Market will not be built until 2026, but a Scottsdale developer was able to ink a… Read more
Miami Condo Developers Obtain $215M Loan for 659-Unit Project
PMG, Lion Development Group and Marc Roberts Companies secured $215 million in construction financing for 38 West Eleventh Residences Miami, a 44-story,… Read more
More Development Planned for Glendale Entertainment District
Glendale’s Sports and Entertainment District is attracting another developer. At the corner of 99th Avenue and Ballpark Boulevard, the developer… Read more
Clarion Partners Fund Enters IOS Sector with First Mortgage, Acquisition
Clarion Partners Real Estate Income Fund Inc. (CPREX) has entered the industrial outdoor storage (IOS) subsector via a debt investment… Read more
Dick’s Concept Store Slated for Gilbert
Dick’s Sporting Goods spent $6.8 million on land near the intersection of Williams Field Road and San Tan Village Parkway… Read more