Phoenix
CBRE Names Natalie Dahl Managing Director
CBRE appointed Natalie Dahl managing director for investor services in the San Diego region. Dahl will drive the firm’s overall… Read more
Vestar Snags Petaluma Retail Center for $55M
Phoenix-based Vestar purchased East Washington Place, a more than 340,000-square-foot shopping center in Petaluma, CA from Regency Petaluma LLC, an… Read more
Blackstone REIT Bags 1,750-Unit Multifamily Portfolio in Phoenix for $311M
Blackstone Real Estate Investment Trust Inc. acquired a portfolio of six metro Phoenix apartment communities totaling 1,751 units from a… Read more
Secondary Markets Leading Multifamily Rent Growth
Even in the midst of increasing multifamily supply, rent growth continues increasing, mainly buoyed by economic growth. And, according to… Read more
Trammell Crow Acquires Phoenix Site for New Industrial Development
Trammell Crow Company (TCC) and an institutional investor partnered to acquire a 38.5-acre site south of the southeast corner of… Read more
CBRE’s Phoenix Workplace360 Office Achieves LEED Gold
CBRE’s 75,000-square-foot office in Phoenix has been certified LEED Gold for Commercial Interiors by the USGBC. The CRE brokerage firm… Read more
CBRE Global Investors Divests 4-State MF Portfolio
The Texas Multifamily conference is taking place on Aug. 23! Log on here for information, and to register. Chicago-based Waterton acquired… Read more
EverWest Sells Phoenix Asset for $33M
Admiral Capital Group, an investment firm founded by former NBA player David Robinson, acquired The Madison, a 177,312-square-foot Class A… Read more
$164M Loan for Four-State, 3M-SF Industrial Portfolio
Bellwether Enterprise Real Estate Capital LLC closed a $164-million permanent loan secured by 16 industrial and warehouse properties across Washington,… Read more
Yardi Matrix: US Multifamily Rent Growth Surges to Record in June
If there was any doubt that the apartment sector could withstand robust supply deliveries, the latest research by Yardi Matrix… Read more
Cypress West Claims 50K-SF Phoenix MOB
Rancho Santa Margarita, CA-based Cypress West Partners acquired West 101 Gateway, a Class A medical office building in Phoenix, in… Read more
Prologis Set to Launch Phoenix Logistics Development
Prologis, Inc. plans to develop Prologis I-17 Logistics Center in Phoenix. The industrial REIT selected Graycor Construction Co. to build… Read more
What’s Driving Uptick in Reverse Commutes?
The trend of living within urban centers is increasing, though it is creating an unexpected situation. According to JLL’s newest… Read more
Berkadia Completes $100M+ in Deals
New York-based Berkadia completed five deals totaling more than $100 million involving properties across four states. The transactions included: –… Read more
New Chapter for Phoenix Sheraton Grand Hotel Following $255M Sale to Marriott
The 1,000-room Phoenix Sheraton Grand Hotel is being sold for $255 million to Marriott International and a group of investors… Read more
What Markets are at Risk of Multifamily Supply Overload?
A new report by Yardi Matrix indicates that multifamily deliveries might outpace demand in some key U.S. housing markets. The research revealed… Read more
Investing in Multifamily: Challenges, Opportunities & Moving Forward
By Dennis Kaiser All five experts on the Investing in Multifamily: Challenges, Opportunities & Moving Forward panel at 2018’s Connect… Read more
Phoenix Sells Site Envisioned for $62M MXU Development
Scottsdale, AZ-based Berger Holdings LLC acquired a 0.59-acre parking lot in downtown Phoenix from the city for $2.8 million. It… Read more
Utah Investor Picks Up Phoenix MF for $42M
There’s still time to join us for Connect Apartments on June 26th in Los Angeles. Here’s a link to find… Read more