A return to sanity in the Phoenix housing market

In May, the first homes in The Hillburn, Scottsdale-based master-planned community developer Sunbelt Holdings’ first luxury BTR community, were completed, marking the start of leasing. Acquired by Sunbelt in 2022,…
It’s been an emotional ride in the Phoenix real estate scene. For the better part of the last five years, we’ve been living in a high-stakes game where sellers held…
LaPour Partners and Holualoa Companies broke ground on AC/Element CityNorth, a new $92 million dual-branded hotel located in the CityNorth, a premier mixed-use development adjacent to Desert Ridge Marketplace in…
Five years ago, a median-income household could afford a typical U.S. home. Today, they’re more than $17,000 short, even if they have $73,000 saved for a down payment, a new Zillow analysis finds. In Phoenix, things are…
Provident Industrial, a division of Dallas-based Provident, a leading industrial real estate developer specializing in logistics and distribution facilities across high-growth U.S. markets, is proud to announce the opening of its…
If the Arizona housing market had a crystal ball, its forecast would read: “cautious optimism.” Experts across the housing industry, from builders to bankers, forecast a 2% to 5% increase…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced today the sale of Level at Sixteenth, a 240-unit midrise multifamily asset in…
Phoenix-based developer George Oliver, in partnership with Ascentris, has launched plans for Arbor Old Town, a new luxury office redevelopment in the heart of Old Town Scottsdale. Spanning more than 360,000 square…
Do you work in an office that stands out from the crowd? AZRE magazine is looking for Arizona’s coolest, most unique, and most inspiring office spaces for a special feature…
Wespac Residential announced the groundbreaking of The Villas on Shelby, marking a significant step forward for affordable housing in Sedona. As the general contractor on this transformative project, Wespac joins…
Cushman & Wakefield announced the firm has advised the sale of Desert Cove Industrial Center, a newly constructed 168,000-square-foot (SF) Class A industrial property located at 11301 North Litchfield Road…
The Phoenix housing market is experiencing a reset. Inventory is rising, buyers are more cautious, and both new home builders and individual resellers are stepping up with incentives to win…