Phoenix
JV Plunks Down $122M for AZ Office Portfolio
Phoenix-based Wentworth Property Co. LLC has teamed with Northwood Investors of New York City to acquire a five-building, 638,717-square-foot office… Read more
Hunt Mortgages’ $32M Funding Facilitates Phx Apt Buy
Hunt Mortgage Group has provided a $31.8 million Freddie Mac loan facility to finance the acquisition of Arboretum at South… Read more
BKM Adds Tempe (AZ) Commerce to Portfolio for $58M
BKM Capital Partners has made its single largest investment in the Phoenix area to date, spending $58 million to acquire… Read more
Walker & Dunlop Expands Capital Markets Team
Bethesda, MD-based Walker & Dunlop, Inc. is expanding its Capital Markets group in Phoenix with the addition of two loan… Read more
Connect LA Recap: What You Need to Know to Get Deals Done
By Dennis Kaiser Connect Los Angeles brought together nearly 500 CRE leaders last week for an information-packed conference in DTLA.… Read more
Private Investor Buys Phoenix MF for $33M
Private investor Billah Khan has paid $33 million for the 436-unit Park at Deer Valley Apartments in Phoenix, adding the… Read more
Mentor Properties Snags 325 Phoenix MF Units
Mentor Properties Inc. struck a deal with California’s Warren Properties to buy Warren House East and Warren House North. Upon… Read more
Bridge Investment Pays $75M for Phoenix MF
Utah-based Bridge Investment Partners LLC has acquired the 856-unit Saratoga Ridge apartments in Phoenix for $75.5 million. Variable Annuity Life… Read more
HFF Hangs Phoenix Shingle
Holliday Fenoglio Fowler LP (HFF) is expanding its U.S. western presence by opening an office in Phoenix. The office is… Read more
BKM Snags 305K-SF AZ Industrial Portfolio
BKM Capital Partners struck an off-market deal for a 305,523-square-foot, three-property RREEF light-industrial portfolio. The Irvine, CA-based investor paid $24.1 million… Read more
Orcutt and Grady Join CBRE Phoenix Office
Jackie Orcutt and John Grady, two long-time industrial brokers with Cushman & Wakefield’s Phoenix office, have landed jobs at CBRE… Read more
CBRE Capital Markets Completes Financing for Camden’s $630M Portfolio Sale
CBRE’s Los Angeles team of Brian Eisendrath, Brandon Smith and Annie Rice arranged a seven-year floating rate loan by a GSE… Read more
Liberty Prepares Groundbreaking on 223K-SF Phx Industrial
Liberty Property Trust will launch construction this spring at Liberty Logistics Center II, a new 73-acre industrial park at the… Read more
When WeWork Won’t Work, There’s Mod
By: Daniella Soloway Randy Stowell and his brother Brian have launched Mod, a co-working company that caters to mid-career professionals.… Read more
Alliance Breaks Ground on $60M Broadstone Makers Quarter MF Project
Phoenix-based Alliance Residential Co., broke ground this week on Broadstone Makers Quarter, the first project to move forward in San… Read more
Colliers Hires Team For Hospitality Expansion
Colliers International in Greater Phoenix has expanded into hospitality investment services, with the hire of James Meng and Jon Grantham.… Read more
Avison Young Acquires GPE for Phx Expansion
Avison Young, headquartered in Toronto, has entered the Phoenix market with its acquisition of GPE Cos. GPE, a mainstay in… Read more
Bascom Sells AZ Multifamily for $47M
The Bascom Group of Irvine, CA has sold the 352-unit Fairways, a class A apartment complex in Chandler, AZ. Virtu Investments… Read more
Wentworth Snags 228K Office for $17M
A Phoenix-based company has acquired a 228,000-square-foot vacant office building in Tempe, AZ. Wentworth Property Co. struck a $16.5-million deal… Read more