Tucson
RHP Properties Adds Five-State Manufactured Housing Portfolio
RHP Properties acquired 17 manufactured home communities in five states containing 3,177 sites, including its first communities in Wisconsin. The… Read more
Newly-Built Tucson Marriott Lands $40M Cash-Out Financing
Walker & Dunlop recently structured $40 million in financing for the newly-built AC Marriott in Tucson, AZ. The transaction was a collaboration… Read more
The Billion Dollar Club: 2018’s Most Expensive Healthcare Development Projects
In 2018, 12 hospitals and health systems announced or unveiled facility expansions and renovations with price tags of $1 billion… Read more
Oro Valley Shopping Center Trades for $41M
Tucson-based Town West Realty purchased Oracle Crossings, a Sprouts Farmers Market-anchored neighborhood shopping center in Oro Valley, AZ, from Houston-based… Read more
Tucson’s Campbell Plaza Sold for $33M
Campbell Plaza Shopping Center in Tucson, AZ has traded hands for $33 million. The buyer was an affiliate of Tucson-based DSW… Read more
Vacancies Reach 18-Year Low as E-Commerce Keeps Growing
Industrial vacancies nationally have reached their lowest point since 2000, Dallas-based valuation advisory firm BBG said Tuesday. The second quarter… Read more
Berkadia Completes $100M+ in Deals
New York-based Berkadia completed five deals totaling more than $100 million involving properties across four states. The transactions included: –… Read more
600-Unit Tucson Student Housing Community Acquired
Hunt Mortgage Group provided a $19.1-million, first mortgage, bridge loan to finance the acquisition of The Ledges at West Campus,… Read more
Bascom Arizona Ventures Makes Another Big AZ Buy
A joint venture of Bascom Arizona Ventures and Pacific Life Insurance Company acquired two luxury apartment communities totaling 724 units… Read more
Bascom Buys Southern Arizona MF Portfolio for $70.2M
Bascom Arizona Ventures acquired a three-property, 812-unit portfolio of multifamily assets in Southern Arizona for $70.2 million, or $86,484 per… Read more
Mayors Beg for Amazon’s Attention
Cities and towns across America seem willing to do almost anything to lure Amazon. They hope to become home to… Read more
IPA Team Combines for $258M in PHX MF Deals
Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register. Institutional Property Advisors… Read more
Banner Health Secures $550M Bond Financing for New Arizona Teaching Hospitals
Register for Connect Healthcare on November 8th at the Andaz Scottsdale Resort & Spa Phoenix-based Banner Health secured $550 million… Read more
HSL Obtains $22M Refi for Arizona Multifamily
HSL Properties Inc. secured a $21.5 million Fannie Mae loan to refinance the 323-unit Desert Sands Apartments in Casa Grande,… Read more
Are You “Kicking Can Down Road” or “Preparing for Rainy Day?”
By Dennis Kaiser Four leaders with deep expertise in financing retail CRE shared keys to navigating the current triple-net-lease (NNN)… Read more
Personal Audio Firm Expands, Relocates
Fast-growing portable audio company, JLab Audio, is relocating to a new 15,000-square-foot facility in Carlsbad, CA. The producer of personal… Read more
Tucson Multifamily: Even Better in 2017
The Tucson multifamily market completed 2016 on a strong note, with occupancy at 93.1%, 90 basis points lower than the… Read more
Tucson Apartments Sell for $13M Total
Two Tucson apartments traded hands in different transactions for a total of $13 million. Both properties were acquired by private… Read more
Scottsdale Buyer Pays $37M for Hilton Phoenix Airport
Caliber-The Wealth Development Co. and investor-owned 47th Street Phoenix Airport LLC acquired the Hilton Phoenix Airport Hotel for $37.7 million… Read more