Tempe
Gantry Provides Loan for 124-Unit Scottsdale Multifamily Acquisition
29th Street Capital, with the help of a $17.7 million loan, acquired the 124-unit Solaire at Scottsdale apartment complex. It’s… Read more
JV Secures $233M Construction Loan for Tempe Town Lake Project
It’s the beginning of what is expected to be a $1.8 billion project. McBride Cohen Co., Cantor Fitzgerald and Silverstein Properties… Read more
Coming to a Galleria Near You, Picklemall
At first, clever pickleball enthusiasts had to reconfigure tennis courts to get a chance to play their favorite new sport.… Read more
Joint Venture to Revamp Tempe Historic Site
It’s one of Tempe most endearing landmarks. The old Hayden Flour Mill off the Rio Salado Parkway is hard to… Read more
Tempe’s Largest, Newest Hotel Accepting Guests
Tempe’s largest hotel opened its door over the weekend. The 330-room Omni Tempe Hotel at Arizona State University is now… Read more
1,400 Apartment Units Moving Through Tempe Approval Process
The Tempe City Council will vote on three projects this week that would bring over 1,400 apartment units online if,… Read more
Benchmark Electronics Opens Third Phoenix-Area Facility, Hiring 100
Benchmark Electronics opened its new Precision Technologies facility in Mesa, Arizona. The facility is designed to support the production of semiconductor… Read more
Phoenix Commerce Center Sells for $42.4M
The Opus Group acquired the property on W. Warner Road in Tempe for $9.3 million a year ago. The Warner… Read more
ViaWest to Revamp Phoenix Corporate HQ into Business Park
ViaWest Group has started knocking down walls at its latest development, Sight Logistics Park, along the I-10 corridor in Tempe.… Read more
Work-At-Home Concept “Dwell” Coming to Tempe
At Dwell Tempe, there will be 129 “attainable” housing units — priced for people making 80 to 120 percent of… Read more
Phoenix Real Estate Innovator Moves into New Tempe HQ
Real estate leads innovator, BatchService, has bought a 44,000 square foot two-story office building in Tempe for its new headquarters.… Read more
Fourth of Four Phoenix Multifamily Properties Sold by KKR
The $68.5 million sale of Ponderosa Ranch, a 272-unit, multifamily real estate community in Tempe, Arizona was the last remaining property… Read more
Scottsdale Developer Secures Tricky Construction Loan for Apartment Project
A Scottsdale, AZ-based commercial developer, Silver Creek Development, has obtained $57.9 mil in construction financing for a 187-unit multifamily development… Read more
New Flex Warehouse Concept Opens In Phoenix
Capstone Equities launched its Portal Warehousing concept last year, a sort of flexible warehouse solution offering the smaller spaces and… Read more
Classic Villatree Multifamily Community Trades in Tempe
The 1980-era, 150-unit Villatree apartment property shows no signs of aging. The asset was bought by Western Wealth Management in… Read more
Two-Property Tempe Apartment Portfolio Has New Owners
The two-property multifamily projects in Tempe include Omnia on 8th, with 188 units and the 181-unit Omnia McClintock. The combined… Read more
Bascom Arizona Ventures Spins Off Tempe Townhome Rental Community
Dolce Villagio Lofts, a 37-unit multifamily asset was sold for $21.25 million or $574,324 a unit. Completed in 2007, Dolce… Read more
KB Investment Receives Loan to Buy Phoenix-Area Apartment Complex
Mesa West Capital has provided KB Investment and Development Company with $108 million in first mortgage debt for the acquisition… Read more
Dual-Flagged Hotel Asset Gets Green Light in Tempe
California-based EKN Development has received a $24.5 million construction loan for the real estate development of a combination Fairfield Inn… Read more