Arizona
Dominium Obtains Debt, Equity for Phoenix-Area BTR Project
Walker & Dunlop (W&D) has arranged $45.7 million in permanent debt and $41.5 million in LIHTC equity for Saddleback Village at Stonegate, a build-for-rent multifamily… Read more
195-Unit Apache Junction BTR Community Sells for $56.5M
Hampton Meridian, a 195-unit, single-family rental community in Apache Junction, Ariz., has changed hands for $56.5 million. Commercial Edge reports… Read more
Marcus & Millichap Facilitates Sale of Chipotle-Leased Property in Normal
Marcus & Millichap completed the sale of a two-suite retail strip property leased to Chipotle and Blaze Pizza in Normal,… Read more
High Street, PGIM Unload Tempe Apartments for $341K/Unit
A partnership made up of Trammell Crow subsidiary, High Street Residential (HSR), and PGIM Real Estate has sold Smith &… Read more
Hensley Sells Off Phoenix Infill Parcel
Pritzker Realty (PRG) bought 24 acres of infill land in Phoenix for $16.5 million. Hensley Beverage Group was the seller.… Read more
Leon Lands Financing for 231-Unit Gilbert Project
Leon Multifamily, a subsidiary of Leon Capital Group secured $41.5 million in construction financing from Alerus Financing for a multifamily… Read more
Leon Capital Procures Financing for Mansfield Rental Asset
Leon Multifamily, a subsidiary of Leon Capital Group, secured $33.5 million in construction financing from Broadway Bank for a multifamily… Read more
Leon Closes Financing on Morrisville Apartment Project
Leon Capital Group secured $58.5 million in construction financing for its 303-unit multifamily development in Morrisville. ACORE Capital Capital was… Read more
176-Unit Sr. Living Community Planned for Casa Grande
Walker & Dunlop arranged $23.9M in construction equity for Emberwood, a to-be-built senior affordable housing apartment complex located in Casa Grande, Arizona. … Read more
BKM, Kayne Anderson Recapitalize Light Industrial for $550M
BKM Capital Partners said Thursday it had executed a $550-million recapitalization of a nine-property light industrial portfolio with Kayne Anderson Real… Read more
Hilton-Branded Hotels Set for Gallery Park
A Tempo by Hilton and Homewood Suites is under construction on the corner of Power Road and Loop 202. The… Read more
GCU Obtains $520M Refi
Colliers arranged a $520 million refinancing for Grand Canyon University through the Industrial Development Authority of the County of Maricopa… Read more
SENTRE Acquires 322K-SF Phoenix Warehouse
SENTRE has purchased a 322,070-square-foot industrial asset in Tolleson, Ariz., for $48.8 million. Brennan Investment Group sold the metro Phoenix… Read more
Crowdfund Apartment Investor Picks Up 123-Unit Phoenix Property
Neighborhood Ventures is under contract to acquire the Venture on Colter (formerly known as Thom Slate on Colter), a 123-unit multifamily property located in Central… Read more
Cortland Adds to Atlanta Apartment Portfolio
Cortland bought the former Gardens at East Cobb in Marietta, a 484-unit apartment community previously owned by NALS Apartment Homes.… Read more
U-Haul Buys 25-Story Phoenix Office Tower
Bank of America sold 20 East Thomas Road, an iconic 25-story office tower totaling 548,938 square feet in Phoenix’s Midtown… Read more
Vestar Adding N. Phoenix Retail Center
Vestar is moving forward with plans for a grocery-anchored retail center in north Phoenix called Black Mountain Village. The Phoenix Business… Read more
Massive N. Phoenix Development Could Get Moving Next Year
The developers of the much-anticipated Halo Vista say they are ready to get going on the project in early 2025.… Read more
