Phoenix
Jevan Capital Keeps Buying, Nabs 6th MF Asset
Jevan Capital Pllc acquired the 224-unit Keystone at Alamo Heights apartment complex north of San Antonio in a value-add play.… Read more
$86M Financing for Arizona Office, Industrial Portfolio
Bethesda, MD-based Walker & Dunlop, Inc. structured three loans totaling $85.95 million for a four-property portfolio consisting of two Class… Read more
Transwestern, JDM Close $928M Sale-Leaseback with State Farm in Tempe
Corporate Properties Trust III LP, a partnership between Transwestern Investment Group (TIG) and JDM Partners LLC, closed on the acquisition… Read more
Roberts, Boyle Join Cushman & Wakefield in PHX from CBRE
A team of commercial real estate brokers who were part of one of the top producing offices in the Metro… Read more
Apple Exploring Options at Surprise AZ Chrysler Proving Grounds
Apple Inc. is kicking the tires on a former 5,500-acre Fiat Chrysler-owned proving grounds in Surprise, AZ as a potential… Read more
Lincoln Plans PHX’s First Spec 40-Ft. Clear Height Facility
Lincoln Property Company plans to break ground next month on Lincoln Logistics 40, Phoenix’s first ever speculative industrial project to offer… Read more
Connect Healthcare 2017—Where We Are & Where We Are Going
From leasing to new investor interest, the healthcare real estate sector is firing on all cylinders. That was the message… Read more
VEREIT Selling Cole Capital to CIM Group Affiliate for Up to $200M
Phoenix-based VEREIT, Inc. is selling Cole Capital, VEREIT’s investment management business, to an affiliate of Los Angeles-based CIM Group for… Read more
NexCore Breaks Ground on 3-Building Show Low, AZ Outpatient Campus
Ground was broken on three buildings totaling 174,778 square feet on an 18.81-acre outpatient campus adjacent to the Summit Healthcare… Read more
Newmark Closes $726M in Commercial Mortgages
San Francisco-based Newmark Realty Capital reported it completed $726 million in commercial real estate mortgages during 3Q 2017, and will… Read more
Gates Affiliate Takes Controlling Stake in 20K-Acre PHX MPC
Mt. Lemmon Holdings LLC, an affiliate of Microsoft co-founder Bill Gate’s Cascade Investment LLC, acquired a majority interest in a… Read more
Osbrink Joins NKF Capital Markets Team in Phoenix
NKF expanded its commercial real estate capital markets team with the addition of CJ Osbrink as executive managing director in… Read more
CalPERS Allocation to Canyon Partners Hits $1B
The California Public Employees’ Retirement System (CalPERS) expanded its existing relationship with Canyon Partners Real Estate. The public pension allocated… Read more
Consolidated-Tomoka Picks Up Portland Property for $40M
Florida-based Consolidated-Tomoka Land Co. acquired an approximately 212,000-square-foot, single-tenant office complex in Portland, OR’s Sunset Corridor from Phoenix-based Vereit for… Read more
CBRE Global Investors Picks Up PHX Logistics Facility
CBRE Global Investors acquired Tempe Logistics Center, a 175,314-square-foot industrial building located in the Southeast Valley submarket of Phoenix, on… Read more
SoCal Investor Snares Phoenix MF for $24M
Oakridge Apartments, a 282-unit apartment community in Phoenix, was acquired by Newport Beach, CA-based Univest Inc. for $23.97 million. The… Read more
Acquisition Financing Arranged for Class B Complex
Provident Realty Advisors of Dallas obtained a Fannie Mae loan to help pay for the purchase of the 524-unit Broadstone… Read more
$282M Development Financing Arranged for Next Phase of $2B AZ Ritz-Carlton
Five Star Development received $282 million in construction financing for the next stage of development of The Ritz-Carlton hotel and… Read more
Pair of Arizona Resorts Acquired for $305M
Xenia Hotels & Resorts, Inc. acquired two hotels in Arizona from affiliates of Hyatt Hotels Corporation for a combined $305… Read more