Phoenix
Westcore Snags Seven-Property Mountain West Portfolio
Westcore recently acquired the Mountain West portfolio of seven properties, consisting of four in Phoenix and three in Denver, for… Read more
Howard Hughes Puts Sustainability First in its Developments
The Howard Hughes Corporation recently released its 2020 Environmental, Social and Governance (ESG) Report, showing impactful ESG results from the… Read more
Taurus Aims to Transition Westover Parc to Energy-Efficient Complex
Taurus Investment Holdings LLC recently acquired Westover Parc, a 2002-vintage 160-unit class-A apartment community for a purchase price of $41.6… Read more
3M Renews 410K-SF Lease for Global Distribution Hub
3M has signed a 12-year lease renewal for its 410,000-square-foot global distribution hub in DeKalb, IL. The agreement was signed… Read more
ConAm Group Sheds Avery on the Green
The ConAm Group recently disposed of Avery on the Green, a 324-unit class-A apartment community in Chandler. The price was… Read more
Northmarq Arranges $61M Sale of Multifam by the Beach in FL Panhandle
The Brookview Companies has purchased The Sound at Navarre Beach, a 250-unit multifamily community in the Florida Panhandle city of… Read more
Fully Vacant Chandler Industrial’s Sale Speaks to High Demand
A new 113,100-square-foot freestanding class-A industrial distribution building on 8.7 acres in Chandler recently sold in an off-market transaction. Denver-headquartered… Read more
Med Office Building Gets Underway at The Grove on Camelback Corridor
RED Development and Banner Health recently began construction on a new single-tenant medical building at the mixed-use development, The Grove,… Read more
Crane Index and Quarterly Cost Report Reveals Eye-Opening Stats
International property and construction consultancy firm Rider Levett Bucknall (RLB) recently released its latest Crane Index and Quarterly Cost Report.… Read more
Holiday Inn Express Finds New Life as Multifamily
Tower Capital recently arranged a $23.2 million acquisition and renovation loan for a 132-key Holiday Inn Express hotel in Sacramento… Read more
Phoenix Growth Fuels Multifamily Demand for Five Assets
Combined financing of $24.2 million was recently obtained for five multifamily properties, a hotel and a retail property in Arizona.… Read more
Next Wave’s Value-Add Program Pays Off with Westover Parc
Next Wave Investors LLC, through a subsidiary company, initially purchased 103 of Westover Parc’s units as condominiums in September 2019… Read more
Avery is Decron’s Fourth Phoenix MSA Acquisition in Six Months
Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoenix MSA with the purchase of Avery… Read more
TA Realty Elevates Two Senior Executives to Partner, Acquisitions
Boston-based TA Realty, LLC, has promoted two senior executives from its acquisitions group, Christine Elmore and Thomas Shapiro, to partner.… Read more
Historic Gold Coast Showroom Space Trades for $45M
Fundamental Income, a Phoenix- based net lease real estate platform, purchased RH Chicago, The Gallery at the Historic Three Arts Club for… Read more
Tech Sector Leads Rebound in U.S. Office Demand
The tech industry led a rebound in U.S. office-leasing activity in 2021, fueled by increased hiring and demand for tech… Read more
ZaZu Has Occupancy and Potential to Seal the Deal for Tides
ZaZu Apartment Homes at 1502 E. Osborn Rd. in central Phoenix recently sold to a Los Angeles-based investor for $43.75… Read more
Mission-Driven Crowdfunding Platform Small Change Backs Five Projects Nationwide
Pittsburgh-based Small Change, a mission-driven real estate crowdfunding platform, has raised $2.1 million for five projects across the U.S. totaling $54 million… Read more
LoanDepot Hits a Home Run for Boys & Girls Clubs
By the time the final pitch was thrown ending Major League Baseball’s 2021 League Championship Series, loanDepot racked up more… Read more