Phoenix
Build-to-Rent Concept is Not Slowing Down in Phoenix
Construction financing totaling $62 million was obtained for Bungalows on Cotton Lane, a new 336-unit single-story build-to-rent community situated on… Read more
Riverside Ranks in Top Three Multifamily Markets
Radix compiled real-time data for the last 12 months on millions of units on its platform for the entire country.… Read more
Montreux in Phoenix’s Desert Ridge Community Goes for $117M
Montreux, a 335-unit mid-rise apartment asset in the Desert Ridge master-planned community of Phoenix, recently sold for $117 million, which… Read more
Pintar and Suncrest Partnership Acquire OZ Land in Phoenix
Pintar Investment Company and Suncrest Real Estate & Land recently acquired an 8.68-acre Opportunity Zone parcel in Phoenix. The partnership… Read more
Single-Family Build to Rent Product is Gaining Momentum
A 141-unit low density single-family and build-for-rent community located at 27441 N. Black Canyon Highway in Phoenix recently sold for… Read more
Property Managers RPM and CF Merge into RPM Brand
Austin-based RPM (formerly known as Roscoe Property Management) and Atlanta-based CF (CF Real Estate Services) have merged. The firm will… Read more
Residents Look to Phoenix Infill Locations
Ara Residences, a newly constructed 50-unit townhome community in Phoenix, recently sold to Luna Bear ARA Residences LLC, a California… Read more
Tolleson 107 Bolsters TCC’s Growing PHX Logistics Portfolio
Consistent user demand for a specific type of class-A logistics product led to the acquisition of a 25-acre site in… Read more
Location is a Big Draw for Village at Aspen Place
Location was one of the biggest factors in the recent $64.5 million acquisition of Village at Aspen Place, a 222-unit… Read more
JLL Trust Buys SE PHX Distribution Center for $91M
JLL Income Property Trust recently acquired the Southeast Phoenix Distribution Center, a newly constructed four-building class-A distribution center totaling 474,000… Read more
Limited Supply of Blank Canvas Presents Buyer with Open Road
Park at 33rd, a two-story 224-unit multifamily property in Arizona’s Deer Valley region near Phoenix, recently sold for $41 million… Read more
Artemis Real Estate Acquires 6-State, 10-Property Healthcare Portfolio
Chevy Chase, MD.-based real estate investment management firm Artemis Real Estate Partners has acquired a 10-property medical office portfolio in… Read more
Morgan Launches Pearl Biltmore Multifamily in Phoenix
Houston-based Morgan has opened the Pearl Biltmore, its first multifamily luxury community in the Phoenix market. Located near the intersection… Read more
Republic National Distributing Inks Full-Building Lease
A newly constructed 173,940-square-foot industrial warehouse in the greater Phoenix submarket of Tolleson recently added a full-building lease for a… Read more
Phoenix Retail Sale Demonstrates Daily Needs Demand
Moon Valley Towne Center, a 106,571-square-foot retail shopping center located at the southeast corner of 7th Street and Bell Rd.… Read more
Phoenix Multifamily Asset Has a Compelling Loan Basis
A Phoenix multifamily property was delivered in May 2020 and, despite the pandemic, was leased to stabilization in just eight… Read more
Self-Storage Assets Remain Resilient Through COVID Uncertainty
Positive metrics in the self-storage market are increasing demand for this asset type. As a result, three self-storage properties located… Read more
Essential Businesses Remain Most Active Phoenix Developments
In addition to essential businesses, quick service restaurants continue to dominate in high-powered MSAs such as Phoenix, especially during the… Read more
Low-Density Layout is a Key Selling Point for The Tides on 5th
A multifamily community designed with a low-density site layout, including single-level and townhome apartment homes, was a selling point in… Read more