Phoenix
Dominium Obtains Debt, Equity for Phoenix-Area BTR Project
Walker & Dunlop (W&D) has arranged $45.7 million in permanent debt and $41.5 million in LIHTC equity for Saddleback Village at Stonegate, a build-for-rent multifamily… Read more
Marcus & Millichap Facilitates Sale of Chipotle-Leased Property in Normal
Marcus & Millichap completed the sale of a two-suite retail strip property leased to Chipotle and Blaze Pizza in Normal,… Read more
Hensley Sells Off Phoenix Infill Parcel
Pritzker Realty (PRG) bought 24 acres of infill land in Phoenix for $16.5 million. Hensley Beverage Group was the seller.… Read more
BKM, Kayne Anderson Recapitalize Light Industrial for $550M
BKM Capital Partners said Thursday it had executed a $550-million recapitalization of a nine-property light industrial portfolio with Kayne Anderson Real… Read more
Hilton-Branded Hotels Set for Gallery Park
A Tempo by Hilton and Homewood Suites is under construction on the corner of Power Road and Loop 202. The… Read more
GCU Obtains $520M Refi
Colliers arranged a $520 million refinancing for Grand Canyon University through the Industrial Development Authority of the County of Maricopa… Read more
SENTRE Acquires 322K-SF Phoenix Warehouse
SENTRE has purchased a 322,070-square-foot industrial asset in Tolleson, Ariz., for $48.8 million. Brennan Investment Group sold the metro Phoenix… Read more
Crowdfund Apartment Investor Picks Up 123-Unit Phoenix Property
Neighborhood Ventures is under contract to acquire the Venture on Colter (formerly known as Thom Slate on Colter), a 123-unit multifamily property located in Central… Read more
Cortland Adds to Atlanta Apartment Portfolio
Cortland bought the former Gardens at East Cobb in Marietta, a 484-unit apartment community previously owned by NALS Apartment Homes.… Read more
U-Haul Buys 25-Story Phoenix Office Tower
Bank of America sold 20 East Thomas Road, an iconic 25-story office tower totaling 548,938 square feet in Phoenix’s Midtown… Read more
Vestar Adding N. Phoenix Retail Center
Vestar is moving forward with plans for a grocery-anchored retail center in north Phoenix called Black Mountain Village. The Phoenix Business… Read more
Massive N. Phoenix Development Could Get Moving Next Year
The developers of the much-anticipated Halo Vista say they are ready to get going on the project in early 2025.… Read more
$450M Casino to Open West of Phoenix
The Tohono O’odham Gaming Enterprise will hold a grand opening event for its fifth casino property, Desert Diamond Casino White Tanks at… Read more
Iconic Heard Building Sells at Auction
West USA Realty has acquired the historic Heard Building in downtown Phoenix at the auction price of $5.5 million. The… Read more
Dual-Branded Hotel to Open at Repurposed Park Central
One of many mall conversion projects in Phoenix opened its first hotel venture. A dual-branded Tru Hotel and Home2 Suites… Read more
Goodyear Site for “Luxury” Self-Storage Units
Benson Construction is building a LuxeLocker Storage facility in Goodyear, Ariz. The new facility will be located near the Phoenix-Goodyear Airport at… Read more
Primestor Unloads Phoenix Retail Center
Longpoint Realty Partners acquired El Monte Shopping Plaza, a 101,269-square-foot retail center in Phoenix. Primestor Development sold the asset for… Read more
Stream Eyeing 1.3M-SF Atlanta-Area Data Center
Steam Data Center has applied for a data center project near Douglasville with a Georgia planning agency. The development would… Read more
