Arizona
CA Assembly Bill Advances with New Regs on Security Deposits
The California Assembly Judiciary Committee approved a bill proposing new regulations on how landlords manage security deposits, while also aiming… Read more
Avison Young Sells Four Manhattan Buildings for $60M
Avison Young has facilitated the sale of four Manhattan buildings on behalf of Page Management to Derby Copeland Capital for… Read more
Coyotes Release Plans for Proposed Entertainment Complex
Last week ConnectCRE reported on the Arizona Coyotes interest in prevailing in a public auction for a parcel in North… Read more
Amazon, VA Housing Commit $85M to NoVa Affordable Housing
SCG Development has closed the first phase of Somos at McLean Metro, a new affordable housing development in Northern Virginia.… Read more
Phoenix to Accept Proposals for Soon-Vacant Downtown Parcel
The city of Phoenix police headquarters is moving a few blocks away into the Wells Fargo building at 100 W.… Read more
Astor Picks Little Havana for Apartments
Astor Cos. purchased a multifamily development site in the Little Havana neighborhood of Miami for $10 million. Sunny Management sold… Read more
Starwood, Mast Building Miami Beach Condos
Starwood Capital Group and Mast Capital broke ground on The Perigon, a 17-story residential property at 5333 Collins Avenue, on… Read more
BWE Secures Construction Loan for Suwanee Development
BWE secured a $31 million loan to finance the construction of Imperium Suwanee, a 212-unit Class A multifamily development in… Read more
99 Cents Only Stores Closing All 371 Locations
Commerce, CA-based 99 Cents Only Stores LLC said Thursday afternoon it would close all 371 of its stores. The company entered… Read more
Chicago Investor Sells Apartment Portfolio for $72M
The longtime owner has sold a portfolio of more than 300 apartments on the city’s North Side, cashing in on… Read more
Inland Closes Colorado Springs MF Sale
Oak Brook, Illinois-based Inland Private Capital Corporation (“IPC”) closed the sale of the Estate at Woodmen Ridge Apartment Homes in… Read more
Värde Partners, David Weekley Homes Form Land Banking JV
Värde Partners, a Minneapolis-based global alternative investment firm specializing in credit and credit-related assets, and David Weekley Homes, one of… Read more
Interra Brokers Sale of Trio of Buildings in River Grove
Interra Realty brokered the sale of three multifamily properties all near each other in River Grove, Illinois, a near western… Read more
New Owner of La Fayette Park Apartments Eyes Workforce Housing
(Updated with additional information) Colliers arranged the $43,440,000 sale of a three-story, 120-unit apartment community in the historic Los Angeles… Read more
CareTrust REIT Acquires CCRCs in San Diego, LA and OC
San Clemente-based CareTrust REIT, Inc. has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and San… Read more
Early Look at 300K SF Gilbert Retail Development
A mixed-use project featuring some of the country’s more prominent retailers is progressing through the Gilbert planning process. It has… Read more
Greenpoint 22-Story Tower Brings 374 Affordable Apartments
Greenpoint Landing Associates, an affiliate of Park Tower Group, celebrated the opening of 35 Commercial Street, a 22-story brick tower… Read more
Gen Z Will Spend $145,000 on Rent by Age 30
The upper edge of the Gen Z age cohort (those born between 1997 and 2012) has entered adulthood and the… Read more
The Laura Debuts at East River
Midway’s East River has opened The Laura, a five-story multifamily community of 359 apartment homes, and welcomed its first residents. The Laura… Read more