Phoenix
NewPoint Provides $158M Refi on Phoenix-Area Portfolio
NewPoint Real Estate Capital LLC has provided $157,920,000 in Freddie Mac loans on behalf of Bard Investment Company for the refinancing… Read more
Graycor Hires Business Development Manager for Southwest
General contractor Graycor Construction Company has hired industry veteran Sue Sylvester as business development manager in Phoenix, responsible for identifying… Read more
Rarity in West Phoenix Multifamily Trades to Investment Group
GC Square Apartments in Phoenix has sold to Rise48 Equity, a regional multifamily investment group, for $31.02 million. Kidder Mathews’ Bret Zinn,… Read more
April 8, 2022: Drop-Dead Deadline for Next Generation Awards Nominations
This is your last warning! Friday, April 8 is the drop-dead deadline to nominate CRE pros under age 35 for… Read more
L.A.-Based Decron Closes First of Two Phoenix Deals for $108M
Decron Properties has acquired Ascent at Papago Park, a 270-unit garden style multifamily asset in Phoenix for $107.8 million. The… Read more
Creation RE JVs with J.P. Morgan on $1B Industrial JV
Creation RE, a real estate investment and development firm headquartered in Phoenix, and institutional investors advised by J.P. Morgan Global… Read more
Cambria Hotels Continues Texas Expansion With New Hotel in Austin
Franchised by Choice Hotels International, Inc., the Cambria brand continues to expand in Texas with the new opening of the… Read more
VSV Closes on Ninth Phoenix-Area Acquisition
Vertical Street Ventures (VSV) acquired Sora on Rose Apartments in Uptown Phoenix. This marks VSV’s ninth property in the Phoenix market and 15th Property… Read more
KKR Buys Self Storage Properties in Denver and Nashville
Private equity powerhouse KKR has added to its national self-storage portfolio with the purchase of three Class A properties in… Read more
Chandler Office Duo Trades for $87M After Repositioning
JLL Capital Markets closed the $86.5-million sale of The Alexander & The Johnathan, a pair of Class A experiential office assets totaling… Read more
SKB Buys Large Distribution Center Near Glendale
It’s a version of a “turnkey” purchase: already 100 percent leased, ScanlanKemperBard (SKB) has announced a joint venture with an… Read more
Combined 50 Acres Near PHX/Mesa Airport Ready for Development
It’s not a textbook “land grab” or “mad dash” in the Southwest, but there is a dwindling amount of developable… Read more
Deadline Reminder: Nominations for Connect Media Next Generation Awards Due April 8, 2022
Time is running out to nominate commercial real estate professionals under age 35 for a 2022 Connect Media Next Generation… Read more
Hyperdata Center Being Added in Phoenix via Aligned Inc
Markets, consumers, investors, marketers – and more – all seem to want data. More and more and more data. In… Read more
Multifamily Project Financing Will Add 287 Units to Phoenix Area
Thorofare Capital has secured $69.2 million in a construction loan for a 287-unit multifamily development that will add to the… Read more
CBRE Data: Investor Interest Soaring for Real Estate
CBRE’s Insight & Research recently dropped its “U.S. Cap Rate Survey H2 2021” (CRS) and, after “reading the room” with… Read more
CP Capital, Wood Partners Aim for 400-Unit Development
A joint venture of CP Capital U.S. and Wood Partners plans to bring more than 400 units of rental housing… Read more
Stream Realty Boosts Its Office Leasing Expertise
Stream Realty Partners is adding a new, executive role as the firm sees a market demand in the office-leasing space,… Read more
North Phoenix Multifamily Community Sells for $58.1M
A 180-unit apartment community has sold in Phoenix for $58.1 million, according to a news release from Cushman & Wakefield,… Read more