Phoenix
Greenlight, Holualoa Ink Refi for 288-Unit Tucson Apartment Community
BWE arranged $28.8 million to refinance Cabana Bridges, a 288-unit garden-style multifamily community built in Tucson, Arizona in 2023. The… Read more
Casa Grande Regional Retail Center Adding Target
Target plans to reopen this spring in a previously vacated 137,000-square-foot box at the Promenade in Casa Grande. The regional… Read more
Kidder Mathews Snags 1M-SF Phoenix Leasing Assignment
Trigild has selected Kidder Mathews to provide leasing and property management services for The Cotton Center portfolio in Phoenix, totaling… Read more
EQT Divests Second Tranche of Industrial Portfolio to Ares Real Estate Fund
EQT said its EQT Real Estate Industrial Core-Plus Fund II has completed the sale of a 36-property, 7.3- million-square-foot portfolio… Read more
$7B Halo Vista Development Breaks Ground in North Phoenix
Mack Real Estate Group and McCourt Partners broke ground on Halo Vista, a 2,300-acre master-planned development in North Phoenix. Next… Read more
Capital Markets and Multifamily: A Q&A with Arcus Harbor’s Kristen Croxton
After a stagnant couple of years, capital has started to come off the sidelines to fund commercial real estate deals.… Read more
LA Angels Owner Buys Luxury Phoenix Rental Community
Los Angeles Angels owner Arte Moreno paid $125 million for the Cortland Biltmore, nearly $500,000 per unit. Moreno has a… Read more
Denver Redevelopment Project Leader Lands $63M Loan
The Denver Downtown Development Authority (DDDA) approved a low-interest loan up to $63 million to support the High Fidelity Plaza… Read more
Creation, Clarion Complete $250M Phoenix Mixed-Use Venture
Creation completed construction on Park Algodon, a $250 million industrial and mixed-use development at the northwest corner of Loop 101… Read more
Porter Kyle’s Taylor Shultz Previews Connect Phoenix Multifamily Discussion
With more than two decades shaping multifamily investments from the ground up, Taylor Shultz, a Partner at Porter Kyle, brings… Read more
Neighborhood Ventures Acquires Biltmore Rental Asset
Neighborhood Ventures (NV) acquired Venture on 16th, an 86-unit multifamily community located in the Biltmore District of Uptown Phoenix. The property… Read more
Cordia to Spend $75M on Downtown Phoenix Chilled Water System Expansion
Cordia broke ground on Energy Center Phoenix (ECP) Plant 4, a new state-of-the-art, carbon-free chilled water facility located at 709… Read more
BKM Pays $43M for NW Phoenix Business Park
BKM Capital Partners (BKM) acquired Northwest Business Park in Phoenix for $43 million. The acquisition was completed on behalf of… Read more
Buc-ee’s Announces Goodyear Opening Date
The famous Texas-based travel center company will open June 22. Arizona’s long-awaited first Buc-ee’s t is located on the southeast corner… Read more
BMO Adding 15 Arizona Bank Branches
The Bank of Montreal (BMO) plans to add approximately 15 locations in Phoenix and Tucson over the next five years. BMO… Read more
Tucson Apartment Property Trades for Nearly $30M
Casas Adobes Apartments, a 204-unit multifamily property at 6200 N. Oracle Road in northwest Tucson, sold for $28.7 million. … Read more
TerraCap Picks Up Arrowhead Apartments for $82.15M
TerraCap paid $82.15 million for the Tresa at Arrowhead, a 360-unit multifamily community located in Glendale, Arizona. CBRE’s Asher Gunter, Matt Pesch, Sean… Read more
Phoenix Investment Group Converting Sheraton Crescent to Apartments
Foundation 8 purchased the troubled Sheraton Crescent in Phoenix, and plans to convert the hotel units to 1,786 apartment units.… Read more
QTS Tapping Two Phoenix Data Centers for Refinancing
Blackstone’s QTS Data Centers is aiming to secure a $510 million financing package, backed by three data centers, two in… Read more