Arizona
Clayco Takes Over Building 95% Completed Phoenix Highrise
Clayco to the rescue! For reasons that are still not known, Tucson-based BFL Construction walked away from the 17-story Aspire… Read more
Toll Brothers Forwarding Massive Phoenix Rental Community
Toll Brothers Apartment Living has proposed what would be one of the largest multifamily developments by unit count in the Greater… Read more
Scottsdale Hotel to Receive Serious Upgrade
The hotel space made up of two buildings at 7300 N. Pima is used by Scottsdale to house the homeless.… Read more
Toll Brothers Helming Downtown Phoenix Apartment Build
Toll Brothers Apartment Living has landed construction financing for a 313-unit rental project in Phoenix. Multihousing News reports the developer and… Read more
Banyan, Milhaus Team Up on $117M Phoenix Apartment Community
Banyan Residential, in partnership with national developer Milhaus, has started work on the first phase of a new 515-unit luxury apartment… Read more
Arixa, Oaktree Forge JV to Originate Secured Loans in Western U.S.
Arixa Capital Advisors, LLC said Thursday it launched a $100-million strategic joint venture, with the ability to upsize in the future, with… Read more
EY: Five Takeaways from a Recent Look at Office Trades
By Brett Johnson, Mark Grinis and Katie Miller Pre-pandemic, the office sector was a long-established, relatively stable, and generally promoted… Read more
The Pandemic Talent Drain: How Real Was It?
At the height of the pandemic, it was an article of faith that outmigration resulted in a talent drain from… Read more
GM to Close Chandler IT Innovation Center, Lay off 936 Workers
GM has announced it will close its Arizona IT Innovation Center in Chandler before the end of the year, affecting… Read more
Multiple Partners Team Up on Mesa Mixed-Use Center
The activity will be centered at the corner of Signal Butte Road and Southern Avenue in East Mesa. The group… Read more
Walker & Dunlop’s Apprise Expands Western Valuation Team
Apprise by Walker & Dunlop has grown its Western U.S. valuation and advisory team. John Park joined as managing director in… Read more
Thompson Thrift Building Retail/Multifamily Near N. Phoenix Chip Plant
Thompson Thrift has started work on infrastructure improvements and approximately 35,000 square feet of freestanding and multi-tenanted retail space near… Read more
NexMetro/Mosaic Team Up on 197-Unit BTR Community
NexMetro is helming its 24th metro Phoenix build-to-rent project. Mosaic is the general contractor on Avilla Palomino, 197 cottage-style apartments… Read more
Hybrid Stay/Live Hospitality Option Opens in Tucson
It’s half apartment, half hotel. WaterWalk is bringing its unique accommodations to Tucson. The company says the upscale property blends… Read more
Joint Venture Spends $105M on E. Valley Business Park Portfolio
ViaWest Group and Walton Street Capital combined forces to acquire an industrial portfolio of fully leased buildings from a handful… Read more
2023 Women in Real Estate Awards: Time for Nominations
The deadline is fast approaching to participate in Connect CRE’s seventh annual Women in Real Estate Awards. We’re continuing to call… Read more
JV Moving Forward on 3.6M SF Buckeye Business Park
Van Tuyl Cos. and Eisenberg Co. have teamed up to buy a 225-acre parcel near State Route 85 and Baseline… Read more
Mesa’s $240M Cannon Beach to Add Attractions
They’ve taken longer than they had hoped, but the developers behind Cannon Beach believe the added attractions will make it… Read more
Hospital, Multifamily Project Slated for W. Valley
The Surprise City Council approved a zoning change to the Asante Trails development plan that allows for a hospital and… Read more