Real Estate Archives

Down Payment Assistance Program Surpasses $100M

The Home in Five Advantage program, a down payment assistance program designed to facilitate home ownership for low and moderate-income families, veterans and active military personnel, while also stabilizing neighborhoods that have been negatively affected by the economic downturn, recently surpassed the $100 million mark for loans to qualified homebuyers in Maricopa County. The Phoenix… Read More →

Clear Title Agency ranks on Inc. 500/5000 List

real estate market

Clear Title Agency of Arizona, a leader in commercial and residential title and escrow services, is ranked No. 988 on the seventh annual Inc. 500|5000 List, an exclusive ranking of the nation’s fastest-growing private companies. Clear Title’s 436 percent growth during the past three years helped secure the competitive ranking among an elite group of… Read More →

Chateau on Central Closes $5.8M Sale

Chateau on Central recently completed the sale of its spacious “double mansion” which sold for $5.853 million. The 11,437 square-foot private residence features a three-story indoor waterfall and combines two of Chateau’s signature five-story brick and masonry brownstones into a single home. The custom residence was designed by Est Est Inc. and completed by A… Read More →

Construction Set To Begin on 3rd SkySong Building

Construction is set to begin on the third office building at SkySong, The ASU Scottsdale Innovation Center, continuing the momentum on one of the most successful commercial development projects in Arizona over the past few years. With the first two office buildings at SkySong almost fully leased, work will begin on SkySong III on August… Read More →

Rising Interest Rates Can’t Stop Phoenix Housing Recovery

Rising interest rates don’t appear to be stopping the big comeback in the Phoenix-area housing market. A new report from the W. P. Carey School of Business at Arizona State University reveals highlights for Maricopa and Pinal counties, as of June: * The median single-family-home price rose again to $190,000, up about 27 percent from… Read More →

BMO Harris Bank Promotes Bevers

BMO Harris Bank announced that Jerry Bevers has been promoted to Director of Sales, Mortgage Banking. Bevers has been with BMO Harris Bank since 2012, and most recently managed the mortgage sales team for Arizona. In this new position, Bevers will oversee mortgage sales for Arizona, Missouri, Kansas, Florida, and Indiana. “Jerry’s extensive knowledge in… Read More →

Vermaland buys 8,000 acres at La Osa Ranch

by in Business News | Real Estate

Vermaland LLC, a land banking and land development company based in Phoenix, has made its first significant investment in the southeast Valley land market – and its largest to date – with the purchase of 8,000 acres in La Osa Ranch, a master-plan community near Casa Grande. Vermaland bought 4,000 acres in La Osa Ranch… Read More →

Coup Des Tartes Finds New Building

Earlier this year, the land where Coup Des Tartes is located at 4626 N 16th Street in Phoenix was foreclosed on.  The restaurant owner, Ron Pacioni, had seven years remaining on his lease and thought his restaurant would be able to stay in its current location.  However, the new owners, The Van Tuyl Group, have… Read More →

Home prices surge nearly 12 percent in June

U.S. home prices surged 11.9 percent in June from a year earlier, reflecting stronger demand amid a tight supply of homes for sale. CoreLogic, a real estate data provider, said Tuesday that home prices climbed on annual basis in 48 states. They fell only in Mississippi and Delaware. And all but one of the 100… Read More →

TCA Assists 10K Arizona Homeowners with Counseling

Take Charge America, Inc., a non-profit credit counseling and housing counseling agency in Phoenix, marked a milestone this year. It has now assisted more than 10,000 Arizona homeowners with housing counseling. Most of this assistance was for foreclosure prevention, a free service that helps homeowners avoid foreclosure or mitigate losses caused by foreclosure. As a… Read More →

Brookfield Communities Adds Sales Talent, New Brokerage

Phoenix-based Brookfield Communities has hired real estate veteran Craig Libby as its new sales team leader at its Verde Santa Fe master-planned community. In addition, Brookfield Communities has added Jack Hanson as a sales counselor at the community located near Sedona. Libby will lead the sales team at Verde Santa Fe, while Brookfield Communities is… Read More →

Steptoe hosts Construction Industry Tax Seminar

by in Events | Featured | Legal | Real Estate

Contractors, developers, construction managers, and homebuilders are invited to attend Steptoe & Johnson’s 10th Annual Construction Industry Tax Seminar co-sponsored by the AzBusiness Magazine. Steptoe’s tax lawyers will bring participants an annual update on the latest developments in Arizona’s sales and property taxation. The seminar will take place September 27, 2013 and the Arizona Biltmore… Read More →

Local Developer to Donate to Yarnell Relief Efforts

Brookfield Communities has implemented a “Supporting Our Neighbors” fundraising effort to assist with relief efforts for the Yarnell community after the devastating fire destroyed the northern Arizona community and killed 19 firefighters. Beginning Monday, July 15 and through August 31, Brookfield Communities will donate $1,000 from each house the company sells at both its Fox… Read More →

Plaza Lofts at Kierland Sells Last Original Condo

The Plaza Lofts at Kierland Commons has sold its last original residence, successfully filling the entire luxury condominium community created by Woodbine Southwest. The Plaza Lofts’ sales success reflects the excitement buyers have maintained about the well-appointed loft homes and walkable lifestyle the community offers at Kierland Commons. Originally welcoming guests into the 30-unit Main… Read More →