Real Estate Archives

ASU School of Art Relocates to Downtown Phoenix

roosevelt row arts district

Arizona State University’s Herberger Institute for Design and the Arts is relocating several of its studios and programs to the Warehouse District of Downtown Phoenix. Industrial developer Michael Levine’s building at 605 E. Grant Street will be home to 26,000 square feet of new gallery and studio space. Approximately 5,800 students comprise the fine arts… Read More →

Petersen’s first job was being a rock star

Philip Petersen

First Job: Phil Petersen, founder and president, Brookfield Communities What was your first job?   As a very shy and quiet 13-year-old, one of the popular guys in eighth grade, Greg Fox, asked if I wanted to play bass guitar in an Omaha rock band that three friends were starting. That simple invitation changed my life… Read More →

Petersen's first job was being a rock star

Philip Petersen

First Job: Phil Petersen, founder and president, Brookfield Communities What was your first job?   As a very shy and quiet 13-year-old, one of the popular guys in eighth grade, Greg Fox, asked if I wanted to play bass guitar in an Omaha rock band that three friends were starting. That simple invitation changed my life… Read More →

$27.6M of Real Estate Breaks Ground in Scottsdale

silverleaf
November 21, 2013 by in Business News | Real Estate

Cypress Development broke ground today on the second phase of Sterling at Silverleaf, bringing 12 luxury estate villas priced from $2.2 million to the private golf community of Silverleaf. The new $27.6 million second phase will be built to the same gold-level LEED certified standards as the sold-out first phase of 16 villas. Sterling at… Read More →

Sales for $800,000+ homes increase 69%

Luxury Home - AZ Business Magazine November 2008
November 18, 2013 by in Business News | Real Estate

This summary looks at single family homes over $500,000 in all areas of the Northeast Valley, including Scottsdale, Paradise Valley, Fountain Hills, Rio Verde, Arcadia, Biltmore, Cave Creek and Carefree. Supply has increased sharply over the last month. The number of active listings offered for sale as of November 1 is 2,314, up 20% from… Read More →

Newland Hires Olson As Senior VP

Bill Olson

Newland Real Estate Group has hired William “Bill” Olson as Senior Vice President and Division Manager with executive oversight of the Phoenix team, its 20,000-acre master-planned community of Estrella and recently added land to the west of the project. In this position, Olson will be responsible for overseeing all aspects of the community’s development, as… Read More →

Scottsdale Companies Form Development Company

Portrait Photography by Michael Baxter, Baxter Imaging LLC
November 7, 2013 by in Business News | Real Estate

A new full-service development company, Cypress Development Group,  was announced today as the result of a merger between Scottsdale-based developer Sterling Collection Development Group (SCDG) and luxury home builder, Luster Custom Homes. Longtime friends Nathan Day, president of SCDG, and Tanner Luster, president of Luster Custom Homes, decided to combine their companies and increase their… Read More →

Phoenix Housing Market Affected by Government Shutdown

housing.prices

The government shutdown may have dampened interest in buying Phoenix-area homes this fall. A new report from the W. P. Carey School of Business at Arizona State University shows the latest data for Maricopa and Pinal counties, as of September: * The median single-family-home price was up about 33 percent from last September, to $199,000.… Read More →

Fulton Homes helps launch ‘Character Counts’ program

integrity

Bricks and cement may create a home’s foundation, but honesty and character build a solid foundation for young adults. Tempe-based homebuilder Fulton Homes is partnering with KTAR Sports Radio 620 for the Fulton Homes Character Counts program. KTAR listeners will be encouraged to nominate a 12- to 17-year-old student athlete who has exhibited character. Beginning… Read More →

Leadership spotlight: Jim Belfiore

Belfiore

Jim Belfiore President Belfiore Real Estate Consulting belfioreconsulting.com Belfiore has 15 years experience in real estate research and analysis. During the last eight years, he and his team have helped Arizona developers, homebuilders, lenders, investors, and brokers understand buyers, macro and micro-level supply and demand conditions, and potential outcomes of community development and building strategies.… Read More →

Phoenix Physicians Buying up Raw Desert Land

arizona.desert

An apple a day may keep the doctor away, but rock bottom price deals on Arizona raw desert land sure is not. Landowners in the Phoenix Valley are seeing a trend where physicians are purchasing raw desert land as an investment. Also attractive for physicians is the fact that raw land is user-friendly, meaning there… Read More →

John Creer to lead ASU real estate activities

JohnCreer

John P. Creer was named Assistant Vice President for Real Estate Development at Arizona State University (ASU). Creer comes to ASU from Coldwell Banker Commercial in Salt Lake City, Utah, where he has worked as a commercial real estate broker since August 2011. Morgan R. Olsen, ASU’s Executive Vice President, Treasurer and Chief Financial Officer,… Read More →

Veteran receives brand-new, mortgage-free home

homebuyers - Arizona Business Magazine May/June 2012
October 29, 2013 by in Featured | Real Estate

In partnership with Operation Homefront, Meritage Homes Corporation (NYSE: MTH) is handing over keys to three new homes to deserving military heroes and their families in time for Veterans Day. Located in the Phoenix, San Antonio and Raleigh metropolitan areas, the mortgage-free, energy-efficient homes are part of Meritage’s core purpose of enriching lives by satisfying… Read More →

RE/MAX Campaign Benefits Phoenix Children’s Hospital

childrens hospital

RE/MAX Affiliates in Arizona have been supporting Phoenix Children’s Hospital for over 23 years and have raised over $2 million dollars for the hospital. Now, through the Snap. Share. Support Campaign, they have once again partnered with Phoenix Children’s to help raise even more money for their patients and families. To kick off the campaign,… Read More →