Arizona
Aspirant Starts Work on 25-Story Phoenix Rental Project
Avison Young negotiated the $13 million sale of the 3.29-acre land parcel at 1500 N. Central Avenue in downtown Phoenix.… Read more
JLL Arranges Financing for New Senior Housing in Arizona
JLL has arranged financing for Inspira Arrowhead, a newly constructed senior housing asset in Glendale, Arizona. The JLL Capital Markets… Read more
Fundrise Obtains $125M Refi on 4 SW Warehouse Assets
Fundrise has obtained $125 million in financing a four-property industrial portfolio, with two of the properties located in the Phoenix… Read more
24th at Camelback Trades for $86.1M
New York-based Columbus Properties paid $86.1 million for the 24th at Camelback office building in Phoenix. NY Life was the… Read more
Whole Foods Takes Over a Fry’s Scottsdale Location
Fry’s is leaving Downtown East Shopping Center in midtown Scottsdale, and a Whole Foods is coming in right behind them.… Read more
Phoenix Maintains BTR Construction Dominance
Phoenix has maintained its leadership position in built-to-rent homes (BTR). In 2023 alone, Phoenix delivered 4,030 single-family homes for rent,… Read more
Christopher Todd Picks 217-Unit Avondale BTR Project
Christopher Todd Capital has completed its first purchase of a newly completed Build-to-Rent (BTR) community in Avondale. The company, with… Read more
Echo Completes 676K-SF Loop 303 Project
Echo Park 303, a 676,000-square-foot, two-building industrial park in Glendale, has been delivered by Echo Real Estate Capital. LGE Design… Read more
222-Unit Atlanta-Area BTR Project Delivering Units
Canvas Residential is starting to release units for its 222-unit build-to-rent community in the Atlanta metro area. Center Park Group,… Read more
Patience Key for Panelists at Recent ConnectCRE Conference
At the recent ConnectCRE Phoenix Multifamily/BTR Conference at the Westin Kierland Resort & Spa, a major subject of the various… Read more
EQT Exeter Picks Vacant Buckeye Warehouse for $60.1M
EQT Exeter paid $60.1 million for a just-delivered 641,000-square-foot industrial building in Buckeye, Arizona. BET Investments developed and sold the… Read more
Phoenix Apartments Trade for $15M
Arcadia Gardens, a 76-unit apartment community in Phoenix, was recently acquired by CSLC Housing Acquisitions for $14.75 million, nearly $200,000… Read more
Ray, VeLa Begin Work on 401-Unit Phoenix Highrise
Ray and VeLa are combining efforts to build a 26-story residential highrise in the Roosevelt Row Arts District. Designed by architectural… Read more
XNRGY Building $300M Mesa Facility
HVAC company XNRGY is building the first phase of an Arizona facility that will encompass 275,000 square feet. The company plans to… Read more
Kroger, Albertsons Add 166 Stores to Merger Divestiture Package
The Kroger Co. and Albertsons Companies Inc. said Monday they have added 166 stores to the assets they will sell… Read more
Cypress West, TPG Angelo Gordon JV to Acquire Sunbelt MOBs
CBRE Investment Banking arranged a programmatic joint venture between Cypress West Partners and TPG Angelo Gordon, focused on the acquisition… Read more
MCR, BLT Secure $632M Refi on Lodging Portfolio
MCR and partner Building and Land Technology (BLT) have closed a $632-million, three-year, fixed-rate financing on a portfolio of 53 hotels across… Read more
BTR Trends Hot Topic at Connect CRE’s Phoenix Multifamily & BTR Conference
A panel made up of Greystar’s Nicole Churchill, CCBG Architecture’s Virgina Senior and Brent Long from Christopher Todd Communities discussed… Read more