Scottsdale
Essex Closes on MF Apartment Building in Albany Park
Chicago-based multifamily brokerage firm Essex Realty Group, Inc. closed on the sale of a 15-unit apartment building in Albany Park… Read more
Northwestern Mutual Divests Otay Ranch Apartments for $116M
JLL Capital Markets closed the $116-million sale of, and $71.842-million acquisition financing for, Pulse Millenia, a 273-unit, garden-style multi-housing community located… Read more
Denver Offices Making Way for Apartment Tower
McLaughlin Enterprises is looking to knock down an office building and construct a 12-story apartment building near I-25 in Denver. The… Read more
Phoenix Rental Community Sells for $530K/Unit
A newly constructed 16-unit luxury apartment community in Phoenix was recently sold for over $500,000 a unit. A Las Vegas-based… Read more
30-Story Apartment Tower Slated for Turtle Creek
Validus Development Corp. plans to build a 104-unit high-rise on a vacant three-quarter-acre corner lot north of Hood and Brown… Read more
Glass Residential Building Slated for Boca
Glass House Boca Raton will be the first modern glass building in the heart of Downtown Boca Raton. It will… Read more
Single-Family Rental Outlook Remains Positive Despite 2023 Headwinds
Single-family rental operating fundamentals outperformed many sectors in 2023, but fell short of elevated expectations, Green Street says in a… Read more
Tucson Hotel-to-Apartment Venture Taking Tenants
Scottsdale-based Sterling Real Estate Partners has completed the first phase and is now leasing apartments at Downtown Tucson’s 212-unit hotel-to-apartment… Read more
Mall Owner Eyes 10-Story Camelback Office Tower
Mall owner Macerich is considering building a 140-tall office tower at one of its mall locations. The company is looking… Read more
Walton Global to Demo, Redevelop PV’s Smoke Tree Resort
The shuttered Smoke Tree Resort in Paradise Valley will be demolished to make way for an 82-room resort and on-site… Read more
Connor Group Acquires 4th Denver Rental Community
Adding to its multifamily properties in the Denver area, the Connor Group purchased a Littleton community for $100 million. The Connor… Read more
Scottsdale-Based Tower Capital Promotes BTR Leader
Tower Capital has promoted George Maravilla to Partner from Senior Vice President. Maravilla, who joined the firm in 2018, has… Read more
Class A Apartments, New Self-Storage Land Permanent Loans
Gantry’s Irvine office secured $28.7 million of financing in two transactions for separately owned properties, one a multifamily asset in… Read more
Dutch High Tech Firm Building $300M Scottsdale HQ/Factory
ASM International announced plans for a new North American expansion to accommodate growing demand for research and development in the… Read more
Buckeye’s Verrado Marketplace Names Anchor Tenants
Shoppers can come for the Sip and Stroll program, but stay at Verrado Marketplace for the impressive number of big-named… Read more
Opportunities Materialize as Retail Sector Rises from Ashes
Commercial real estate brokers are often the industry bellwether for all that’s good and bad. It is no surprise that… Read more
Scottsdale Office Property Unloaded at Loss
New York Life Real Estate Investors bought the 138,000-square-foot Scottsdale Northsight for $39 million in 2006. Commercial Edge reports they… Read more
Crowdstrike’s Founder Hoping Scottsdale OK’s “The Parque”
The Scottsdale City Planning Commission gave the plan its unanimous support, and now the City Council is considering approving a… Read more
McKesson to Open 300K SF Phoenix Warehouse
A Prologis-constructed industrial building will likely house a leading healthcare company. McKesson is expected to move into a 300,000-square-foot warehouse… Read more