Arizona
Rockwall Mixed-Use Project to Include IKEA
A smallish 108,000 Ikea store is going into a Rockwall mixed-use project. A traditional IKEA store requires over 300,000 square… Read more
California Transplants Liking AZ Home/Rent Prices
Apartment developers and investors are always in the market for good information before they consider a project. A Storage Cafe… Read more
Woodside Health Adds Another Phoenix Property
Woodside Health has paid $20.9 million for Paradise Valley Plaza, a three-building, multi-tenant office and medical complex spanning 100,203 square… Read more
Proposed Buckeye Power Center to Start Construction
Vestar will break ground net week on its massive shopping center in Buckeye, which will feature a Harkins BackLot, a Target, a Safeway and… Read more
Tucson BTR Developer Inks $41.1M Refi
Calmwater Capital has provided Moderne Communities with a $41.1 million loan to refinance a 224-unit build-to-rent community in Vail, AZ.… Read more
Two Multifamily Developers Choose Maricopa
Land Advisors Organization facilitated the sale of two adjacent land parcels in the City of Maricopa, which are slated to… Read more
Tempe Considering 2,391-Bed ASU Student Housing Venture
Up Campus Properties is proposing a 950-unit student housing project at Rural Road between Apache Blvd. and University Drive in… Read more
Peoria Hotel Developer Closes on Construction Loan
Concord Summit Capital closed a $12.2 million construction loan to a developer planning a new 124-room extended-stay property in Peoria, northwest… Read more
Investors Ink Financing for 271-Unit Phoenix-Area BTR Project
Lincoln Avenue Communities and WNC & Associates secured financing for The Ranches at Gunsmoke, a 271-unit build-to-rent affordable development in… Read more
Biltmore Fashion Park Adds Retail Tenants
RED Development unveiled more plans for the future of Biltmore Fashion Park, a high-end outdoor shopping and dining destination. The… Read more
Mesa Land Auction Guaranteed to Interest Bidders
Public land auctions in Arizona typically get a lot of buzz. The Mack Real Estate Group’s winning bid on an… Read more
BNSF Moving Ahead on Massive Phoenix-Area Logistics Center
The BNSF Railway has a while to go before its massive Phoenix-area commercial real estate project is approved. But it… Read more
Self-Storage Developer Spending Over $50M on Phoenix-Area Projects
Abernathey Holdings is building three self-storage facilities across the Phoenix metro area. The company debuted its first development in Gilbert,… Read more
Standard Communities Acquires $1B Affordable Portfolio
Standard Communities has acquired a 100% affordable housing portfolio valued at $1 billion-plus and containing more than 6,000 apartments across… Read more
JLL Completes Recapitalization of $725M Senior Housing Portfolio
JLL has arranged the recapitalization of a $725 million, 20-asset seniors housing portfolio spanning the Sunbelt, Northeast and Midwest markets.… Read more
JLB Proposing N. Phoenix Mixed-Use Development
Piggybacking on the deluge of proposals hoping to capitalize on the $65 billion Taiwan Semiconductor Manufacturing plant, Dallas-based JLB Partners… Read more
Dominium Picks Up AZ, NM Apartment Communities
Dominium obtained $46.6 million in financing to acquire two affordable housing developments. Merchants Bank, the parent company of Merchants Capital,… Read more
Life Time, RED Joining Forces on 300-Unit PV Project
Construction is underway on the Life Time Living Tower, a 300-unit apartment project at PV, the former site of the… Read more
Ray, VeLa Start Work on $211M Nashville Venture
Ray and VeLa are again combining on a multifamily community, this one in Nashville. The 32-story, 367-unit Ray Nashville project… Read more