Scottsdale
Scottsdale Arizona Multifamily Community Sells for Over $600,000 a Unit
The 240-unit property, known as Liv North Scottsdale, sold for $145 million. Steve Gebing, with Institutional Property Advisors, attributes the… Read more
520 Homes are Coming to City Place
Site preparation has begun for Phase 1 of a 400-acre subdivision at the 2,000 acre City Place master planned community.… Read more
Kennedy Wilson Closes on Three Mountain West Multifamily Communities
In the same announcement Kennedy Wilson (NYSE:KW) touted the purchase of three apartment complexes, the company said it was also… Read more
MC Communities Adds to Tucson’s Multifamily Offerings
MC Communities and a global institutional investor have partnered to develop a Tucson-area multifamily project. The Scottsdale-based investor of multifamily… Read more
IPA’s Brian Eisendrath Arranges Refi on Phoenix Multifamily
Institutional Property Advisors, a division of Marcus & Millichap, arranged the $63.5-million refinancing of Stonebridge at Paradise Valley, a 384-unit… Read more
Mortgage Rates and More Supply Drives “Bulk” Home Sales To Investors
The majority of new homes built in 2021 were bought and used by families and individuals as their primary residences.… Read more
Greystone Places $140M in Financing on Scottsdale Luxury Senior Living
Greystone placed $140 million in total financing for both the refinancing and new construction of senior housing in Scottsdale. The… 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
Done Deal: CIM Group Closes on Camelback Corridor Towers
Four office towers and $353 million later and … CIM Group has a new deal. Finalized. (This is a follow-up… Read more
Hyatt Adding Extended-Stay Option in Scottsdale
North Scottsdale is a welcoming destination by almost any terms. Now Hyatt is adding to the availability of longer stays… Read more
Stos Adds to Its Phoenix-Area Industrial Assets
Stos Partners is based in Southern California, but its presence in the Phoenix Metro market is growing … again. Stos… Read more
SBREP Picks Up an Additional Multifamily Complex for $58M
SB Real Estate Partners is picking up another multifamily community near Phoenix – upping its total transaction volume to ~$200… Read more
New Bistro Coming Along Shores of Tempe’s Lake
Tempe’s “lake” is technically a fishing reservoir with residential communities nearby, but let’s not get bogged down in semantics. No… Read more
New, High-End Housing Project Announced for Scottsdale
Scottsdale is known as a relative “luxury” area of the country, not just Arizona. A supporting data point for that… Read more
Swank N. Scottsdale Lands New Luxe Apt. Homes
It’s official and it is, indeed, grand: Wood Partners developers is opening its latest luxury residential community, Alta Raintree, in… Read more
Self-Storage Project Lands Completion Loan at $17M
Self storage properties can generate market heat – and not just because they’re in Arizona. Life Storage North Scottsdale is… Read more
Tower Capital Arranges $27.8 Million Construction Financing for Texas BTR
Tower Capital arranged $27.8 million in non-recourse construction financing for a build-to-rent multifamily community in McKinney, TX. The 13.2-acre property,… Read more
Mesa-Based Warehouse Structure Sells for $130M
The third-largest city in Arizona, Mesa is adding to its industrial real estate clout with a recent sale of a… Read more
Scottsdale Sale Sets Per-Unit Price Record for AZ
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Roadrunner on McDowell, a 356-unit multifamily asset in Scottsdale,… Read more