Phoenix
Maverick Rides into MF Arena
Maverick Residential Company broke into the multifamily industry in a partnership involving former Alliance Residential executive Jeffrey Krohn and real… Read more
Seattle Maintains Top Office Investment Crown in IPA Report
New research by Marcus & Millichap’s Institutional Property Advisors (IPA) division shows the U.S. economy remains structurally positioned for growth… Read more
Anchor Health Enters PHX Market with Sun City Buy
Anchor Health Properties invested in La Ronde Medical Centre, a highly-strategic 89,000-square-foot institutional-quality outpatient facility in Sun City, AZ, through… Read more
Phoenix’s Sanctuary on 22nd Sold for $32M
Sanctuary on 22nd, a 266-unit apartment community in the heart of Phoenix, has traded hands for $31.8 million. The seller… Read more
CRE’s Drive to Adopt Electric Vehicles
A key to success in emerging real estate technologies is for major players to get in on the ground floor.… Read more
Crown Wins Bid for 100-Acre North Phoenix Development Site
Crown Realty & Development acquired 96.5 acres and will take over as master developer of a prime North Phoenix site… Read more
Illinois Needs to Incentivize Data Center Investment: Report
Although Chicago is the nation’s third largest data center market, Illinois has shown significantly weaker growth in the sector than… Read more
Digital Realty Expands Internet Exchange Platform to Chicago
Data center REIT Digital Realty has expanded its Digital Realty Internet Exchange (DRIX) platform to data centers on Chicago’s South… Read more
Weidner Divests Central Phoenix MF for $37M
Monterra Apartment Homes, a 258-unit multifamily property in Phoenix, traded hands for $37.2 million, which equates to $144,186 per unit.… Read more
Mega-Scale Data Center Campus Planned Near Phoenix
Santa Clara, CA-based Vantage Data Centers acquired 50 acres of land west of Phoenix where it plans to build a… Read more
Are Hotels Getting into Co-Working?
Hotel amenities for business travelers vary from full-fledged business centers (complete with computers, printers and free WiFi), to lobbies conducive… Read more
U.S. Multifamily Sector Riding a Robust Cycle
Despite finishing flat, the U.S. multifamily sector enjoyed a solid year in 2018. The $1,419 average national rent in December,… Read more
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more
LaSalle Property Fund Acquires 488-Unit Luxury MF in Phoenix
LaSalle Investment Management acquired San Melia, a 488-unit luxury multifamily community in Phoenix, on behalf of LaSalle Property Fund, its… Read more
The Billion Dollar Club: 2018’s Most Expensive Healthcare Development Projects
In 2018, 12 hospitals and health systems announced or unveiled facility expansions and renovations with price tags of $1 billion… Read more
TruAmerica Multifamily Snags Tempe MF’s for $67M
Los Angeles-based TruAmerica Multifamily, in joint venture with an unnamed institutional capital partner, acquired a two-property, 472-unit apartment portfolio in… Read more
Weaker Housing Market Drives Growth in Apartment Sector
A weaker national housing market continued to benefit the apartment market, according to research by Reis. The apartment vacancy rate was… Read more
Bixby JV Secures $180M Credit Facility for Industrial Assets
HFF arranged a $180-million credit facility on behalf of a programmatic JV between Newport Beach, CA-based Bixby Land Co. and… Read more
Healthcare Real Estate Insights Names 2018 Award Winners
Healthcare Real Estate Insights™ announced the winners of the 2018 HREI Insights Awards™, the only national awards dedicated to recognizing… Read more