Phoenix
Tides Equities Picks Up Three Phoenix-Area Apartment Communities
IPA Capital Markets has arranged $60.92 million in acquisition financing for three multifamily assets, one in Phoenix and two in Glendale,… Read more
Full-Service Scottsdale Hotel Opens in Time for Super Bowl
The six-story Hilton at Cavasson features 237 guest rooms, resort-style amenities, and a 15,000 square-foot event center. The full-service property… Read more
Housing Trust Finishes 288-unit Aviva-Goodyear
Housing Trust Group (HTG) in partnership with Treger Partners have completed Aviva – Goodyear, an apartment community located in the… Read more
Two Phoenix-Area Hotels Sell For a Combined $35.75M
A 99-room Hampton Inn hotel asset in Phoenix and a 127-room Hyatt Place hotel in neighboring Gilbert have sold for… Read more
Northmarq Opens Debt/Equity Office in Brickell with Trio of New Hires
Commercial real estate services firm Northmarq has expanded its debt and equity platform in South FL with the addition of… Read more
Phoenix-Area Hotel Repurposed for Apartment Rentals
Caliber Companies was given the okay to redevelop an under-performing Phoenix-area resort property into a mixed residential rental community. Acquired… Read more
Dallas, Houston Lead Nation in Apartment Sales
Two Texas metro areas led the nation in apartment deals in the third quarter of 2022. Dallas posted the most… Read more
Discount Tire to Build 300,000 SF Phoenix HQ
Discount Tire plans to develop a new corporate headquarters in Phoenix following the acquisition of 35 acres located near Loop 101 and… Read more
Phoenix BTR Builder Obtains $368K Per Unit
Builder Taylor Morrison built the Mesa build-to-rent (BTR) community just this year, and has now sold it to Ellsworth Housing… Read more
Crowdfunding Venture Sells Phoenix Apartments, Secures 12% for Investors
Crowdfunding company, Neighborhood Ventures, has sold one of its investment properties, Venture on 19th in Phoenix after holding it for… Read more
Prescott Valley Latest Target of BTR Builders
Arizona’s growing Prescott Valley will be the site for 240 new build-to-rent units. Mosaic and Atlantic Jasper have broken ground… Read more
Banyan Residential Expands its Phoenix-Area SFR Pipeline
Banyan Residential has acquired two Single Family Rental (SFR) communities in the last two months. They paid $19.5 million for… Read more
Las Vegas Value-Add Rental Community Yields 162K/Unit
Sunstone Properties from California purchased the Sutton Place apartments in Las Vegas for $37 million from the Bridge Investment Group… Read more
JLL Arranges Construction Loan for Phoenix-Area BTR Community
JLL Capital Markets has arranged a $30 million construction loan for Villas Litchfield Park, a 153-unit, build-to-rent community outside Phoenix.… Read more
Northmarq Plays Part in Canny Phoenix Apartment Sale
Five Door Plus was able to assume an existing Freddie Mac Loan with an attractive rate for an apartment that… Read more
Taiwan Semiconductor Arizona Investment Going From $12B to $40B
Taiwan Semiconductor Manufacturing Company’s (TSMC) chip plant in North Phoenix is making an additional $28 billion of investment in Arizona,… Read more
Celebrated Phoenix Office Campus to Receive Makeover
The new owners of the iconic Esplanade office buildings have announced plans to fully renovate and upgrade the renowned and prestigious… Read more
Q3 Industrial: Construction Reaches Record Territory, Demand Starts to Wane
U.S. industrial market third-quarter reports agreed on two things. First, construction continues climbing and is reaching record numbers. And second,… Read more
Vero Capital Spends $100M on Two Scottsdale Office Properties
Vero Capital returned to the scene of a previous purchase and closed the deal on the second of two Scottsdale… Read more