Phoenix
Berkadia Arranges $23M Sale of SFR Portfolio in Palm Beach County
Berkadia has arranged the sale of a single-family rental portfolio composed of 57 homes in Palm Beach County, FL for… Read more
Metro Business Park Marks Schnitzer Properties’ Fifth Phoenix Buy
Metro Business Park, a 188,820-square-foot light industrial business park in Phoenix, recently sold for $33.5 million. The park consists of… Read more
28-Story PALMtower is Underway in Downtown Phoenix
Design-build firm Clayco recently started construction of PALMtower, a new 28-story residential tower in downtown Phoenix. The structure is scheduled… Read more
Nominate 2021’s Top Leasing and Sales Brokers
In 2021, the second year of the global pandemic, commercial real estate’s dealmakers got it done. Do you know a broker… Read more
Construction is Set to Go Later this Year on Cotton Lane Commerce Park
Trammell Crow Company recently closed on a 68-acre development site in Goodyear, AZ for the development of Cotton Lane Commerce… Read more
HUB @ 202 is One of Last Contiguous Parcels of Scale in Southeast Valley
A partnership led by Wharton Industrial and Madison Ventures Plus recently procured $224 million in acquisition and construction financing for… Read more
Q&A with Berkadia’s Dori Nolan on Multifamily’s “Tremendous” 2021
The year that just closed saw the multifamily investment sales market firing on all cylinders, with activity coming from all… Read more
All Phoenix Submarkets Stay Hot Due to Robust Market Fundamentals
Seven multifamily properties totaling 285 units in the Greater Phoenix area recently sold in separate transactions for $64 million. The… Read more
BKM Logs 25th Acquisition in Phoenix Metro
Newport Beach-based BKM Capital Partners recently acquired Scottsdale Commerce Center, a four-building multi-tenant light industrial business park totaling 85,362 square… Read more
Seaview Capital Plans Expansion of 1,000+ Units in Phoenix Metro
Refinancing to the tune of $36.35 million was recently arranged for The Premiere at Eastmark, an apartment community in Mesa.… Read more
St. Clair Holdings Grabs Bungalows for $73M
The Bungalows on Estrella, a 183-unit garden-style multifamily property in Goodyear, AZ, recently sold for $73.2 million. The buyer was… Read more
Within a Week of Listing, Team Receives Several Offers
A fully leased industrial asset comprising four buildings totaling 110,679 square feet recently sold in the Deer Valley submarket of… Read more
Park 67 Increases Tower 16’s Phoenix Foothold, Totaling Seven Assets
San Diego-based Tower 16 Capital Partners recently acquired Park 67 Apartments, a 160-unit multifamily property in Glendale, AZ, for $30.4… Read more
Offices at Chandler Viridian is Macquarie’s Second Phoenix Buy in Four Months
Macquarie Asset Management completed the purchase of the Offices at Chandler Viridian, a newly built six-story class-A office building in… Read more
Largest Marketed Portfolio Metro Phoenix 5 Goes for $414M
The Metro Phoenix 5 Portfolio, one of the largest marketed Arizona multifamily portfolios to date, recently sold for a combined… Read more
Phoenix Growth Prospects Allow Intercontinental to Expand its Presence
Intercontinental Real Estate Corporation recently acquired Garden Grove Apartments, a 376-unit garden-style apartment complex in Tempe for $126 million. The… Read more
Blackstone Taking Bluerock Residential Private in All-Cash Deal
Blackstone Real Estate will take Bluerock Residential Growth REIT private in an all-cash transaction valued at $3.6 billion, the two companies… Read more
San Giovanni Acquisition Financing Has Many Bells and Whistles
Acquisition financing of $40 million was recently arranged for San Giovanni, a 300-unit multifamily property located in Phoenix. The 2001-vintage… Read more
Davlyn’s $114M Trevi Buy Checks all the Investment Boxes
Davlyn Investments recently closed escrow on the $114.38 million purchase of Trevi, a 290-unit class-A multifamily community constructed in 2005.… Read more