Phoenix

Rise48 Equity Acquires Two Phoenix Properties, Plans Revamp/Rebrand
Rise48 Equity has acquired two Phoenix apartment communities and will immediately start on a compr...Read more
Phoenix S. Mountain Apartment Asset Trades for $22.3 Million
Elevate at South Mountain, a 128-unit apartment community in Phoenix, Arizona, sold for $22.3 milli...Read more
Trez Capital Arranges Financing for Phoenix Hotel
Trez Capital closed an $18.75 million construction financing loan for a new 128-room SpringHill Sui...Read more
Phoenix 85-unit Build-To-Rent Community Trades for $30.1 Million
Proximity on 16th Apartments in Phoenix sold for $354,118 a unit. Northmarq represented the se...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 buildin...Read more
Three Hotels Planned for Phoenix-Area Sports Park
A commercial real estate developer has submitted plans to the city of Mesa to build a hospitality c...Read more
Costco to Add Mesa Distribution Center
Costco plans to develop a facility in Mesa that will allow it to store and transfer large items to ...Read more
Phoenix Vintage Apartments Secure New Owners
A two story apartment complex was bought by Summit on Thomas LLC. The seller was Rise48 Equity. The...Read more
Phoenix Mayo Clinic-Served Hotel Sells for $50.5 Million
Dreamscape Companies has acquired the Residence Inn Desert View at Mayo Clinic. The extended stay h...Read more
Former Mesa Dairy Farm May Become Phoenix Area’s Largest Industrial Site
Shopoff Realty Investments has acquired the onetime dairy farm, making up 269.9 acres of land ...Read more
Phoenix Well Positioned for More Industrial Warehouse Growth
25% of industrial warehouses are over 50 years old and don't have the amenities todays tenants are ...Read more
Scottsdale OK’s Two Multifamily Mid-Rises
ZOM Living received approval from the Scottsdale City Council to build two, free standing apartment...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,...Read more
Once-Struggling Goodyear Retail Center Rebounds, Changes Hands
TriGate Capital has sold off the Canyon Trails Towne Center, a 90-acre shopping center in Goodyea...Read more
Phoenix Camelback Corridor Classic Sells for $61.8 Million
The classic Camelback Center on the Camelback Corridor sold for $61.8 million. The 236,553 square f...Read more
Contour Receives Financing for Phoenix-Area Business Park Buildout
A joint venture led by California-based Contour, received $99 million in construction financing fo...Read more
Thompson Thrift Picks Up 35 Acres for Gilbert Mixed-Use Project
Thomson Thrift plans to develop The Gilmore, a mixed-use project with apartment homes and more than...Read more
Vintage Phoenix Apartments Acquired for $80.75 Million
Harbor Group International (HGI) acquired the Colter Park Apartments, a 384-unit multifamily prope...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 co...Read more