Paradise Valley
Paradise Valley Shopping Center Trades Hands
Tierra Partners picked up Paradise Valley Marketplace for $45 million. The plaza is home to Trader Joe’s, OHSO Brewery and other… Read more
Fitness, Apartment Venture Slated for PV
Life Time Living and Keebeck Real Estate are partnering on an upscale, lifestyle multifamily residence in Paradise Valley. The 11-story… Read more
Mall Owner Unloading Phoenix Properties
Mall owner Macerich has sold numerous Phoenix properties as part of a strategy to unload underperforming assets. The Phoenix Business… Read more
Korman Opens First Renovated PV Mall Offering
AVE, the residential real estate brand of Korman Communities, and RXR opened AVE Paradise Valley (12400 North Tatum Boulevard), a… 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
JV to Debut 400-Unit Paradise Valley Apartments
AVE Paradise Valley apartments will open in November. Located in the revamped Paradise Valley Mall development, they are a brand… Read more
Paradise Valley Resort Changes Hands
A joint venture between Partners Group, acting on behalf of its clients, and funds managed by Trinity Investments acquired The… Read more
Madison Realty Capital Closes $3B Transactions in ’23
Madison Realty Capital has originated $3.1 billion in financing, originations, and performing and non-performing note purchases in 2023. The firm… Read more
Walton Global to Demo, Redevelop PV’s Smoke Tree Resort
The shuttered Smoke Tree Resort in Paradise Valley will be demolished to make way for an 82-room resort and on-site… Read more
Scottsdale DoubleTree Resort Sells for $115M
The Phoenix Business Journal reports Southwest Value Partners (SVP) sold the property, The DoubleTree Resort by Hilton Paradise Valley, to… Read more
Phoenix Fiesta Mall Razed, to Rise Again as Mixed-Use Project
In the ’80’s, Fiesta Mall was a going concern. But like many malls, more and more people started shopping online,… Read more
Paradise Valley Projects Boosted by $585M Loan
Madison Realty Capital, a real estate private equity firm has originated a $585 million loan to Five Star Development for… Read more
RED/Globe to JV on 150-Acre Goodyear Mixed-Use Project
RED is no stranger to major downtown development and revitalization projects: CityScape in Phoenix, PV in Paradise Valley, and Prasada… Read more
Three Phoenix Major Mall Overhauls Taking Shape
The Covid pandemic put the nail in the coffin of a number of mall properties throughout the United States. Now,… Read more
High End Fitness Center, Residences Merge at New Paradise Valley Project
The team of RED Development and Life Time is merging the athletic club and rental community. The two-in-one project will… Read more
Mesa’s Fiesta Mall Next to be Recreated
Most Phoenix malls had run their course. They became distressed properties and had to be shuttered. But a new era… Read more
Walton Global Hopes to Bring a Once-Revered Paradise Valley Hotel Back to Life
In its heyday, the Smoke Tree Resort in Paradise Hotel was a getaway retreat for the rich and famous. Now,… Read more
North Phoenix Office Building Flips for $43 Million
Time Equities (TEI) bought the five-story, 268,000 square foot office from Sterling Equities and Lincoln Property Company. Located in Phoenix… Read more
North Phoenix 80’s Office Asset Acquired by Jumping Cholla II LLC
4545 Investment Alliance sold the property to Jumping Cholla for $8.2 million. The 46,574 square foot property is 90% leased… Read more