Arizona
Global Net Lease to Acquire Modiv Industrial in All-Stock $535M Deal
Global Net Lease, Inc. (GNL) and Modiv Industrial, Inc, announced on Monday a definitive merger agreement under which GNL will… Read more
Coral Charge Brings Solar Power to EV Chargers
There are electric vehicles on the one hand, and there are renewable energy sources. However, much of the time these… Read more
Vineyard Park Senior Living Acquires Property in Seattle’s First Hill Neighborhood
Vineyard Park Senior Living has acquired a First Hill senior housing community currently operating as Truewood First Hill. The property… Read more
229-Unit Tempe Apartments to Open in September
Construction is expected to wrap up in September on Cabana Kyrene, a 229-unit multifamily project by Greenlight Communities. The project will… Read more
31K-SF Sports and Entertainment Center to Debut in San Antonio
The trampoline park has closed, and in its place will be Taroko Sports’ new sports and entertainment system, coming to… Read more
Rise48 Adds to Phoenix Apartment Portfolio
Rise48 Equity has picked up Avenue 8, a 194-unit garden-style apartment community located at 1050 West 8th Avenue in Mesa.… Read more
Thompson Thrift Sells Peoria BTR Community for $45.8M
Met Life acquired a 140-unit build-to-rent community in Peoria for $45.8 million. Thompson Thrift was the seller of the Grandstone… Read more
Blackstone Takes Hit on Glendale Apartment Sale
Blackstone offloaded the 412-unit Arrowhead Summit apartment community in Glendale for $101.35 million. The Phoenix Business Journal reports that Blackstone… Read more
U.S. Construction Costs Remain Elevated as Spending Slows in H2 2025
Construction spending across the U.S. slowed in the second half of 2025; however, costs remain elevated and uneven across regions,… Read more
Hines Picks Up Site for 572K-SF Phoenix Industrial Project
Hines has acquired Cactus 303, a shovel-ready development site located in the West Valley of Phoenix off Loop-303, entitled for… Read more
$190M Sports Complex, Hotel on Way in N. Phoenix
The soon-to-be completed Fire ’N Ice Arena in North Phoenix will not be your ho-hum neighborhood ice rink with a… Read more
Life Time Living to Start Work on Raleigh Project
Life Time Living plans to break ground soon on a luxury fitness club and residential tower in Raleigh. The Triangle… Read more
Data Center Solutions Provider Buys Nearly 100K-SF Phoenix Office Building
Transdien Engineering acquired a 97,372-square-foot office park off the Loop 101 and 7th Street for $19.4 million. Located at 19825… Read more
Where the Headquarters are Heading
Corporate mobility continues to increase. Despite a lull in 2023, corporate movement drastically increased in 2025, according to CBRE’s “Business… Read more
Empire Advancing Plans for State’s Tallest Tower
Empire Group of Companies, through its luxury urban infill division Aspirant Development, rebranded its Downtown Phoenix high-rise project from its… Read more
KBRA: CMBS Distress Rates Vary Widely by Metro Area
The U.S. private-label CMBS loan distress rate entered double-digit territory in January 2026, Kroll Bond Rating Agency (KBRA) reported this… Read more
Creation Helming Three-Building Avondale Warehouse Campus
Creation with a real estate fund advised by Crow Holdings Capital, closed on a 38-acre site in Avondale for the development of… Read more
Caliber Building Hyatt-Branded Hotels in Scottsdale, Steamboat Springs
Caliber is building two Hyatt Studios, one in Steamboat Springs and the other Scottsdale, AZ. The first project in Steamboat… Read more
Phoenix Industrial Market Posts Record Results
The Greater Phoenix industrial market posted its strongest quarter on record for industrial property investment sales, according to a report… Read more