New year, new rent price trends and a new report. The Rent.com Rent Report replaces the previous version from Apartment Guide. And Gilbert leads the nation for the biggest increase…
Scottsdale-based investment firm, Sterling Real Estate Partners, recently acquired Suites on Scottsdale in an off-market transaction with plans to convert the hotel into market rate apartments. Originally built in 1996,…
The Related Group, an international developer known for its sophisticated metropolitan ‘for-sale’ condominiums, multifamily rental, and mixed-use projects, announced the groundbreaking of Town Chandler, a multifamily project at the crossroads…
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company (TCC), and JV Partner PGIM Real Estate have broken ground on Raintree Multifamily, a 192-unit residential community in Scottsdale,…
JLL Capital Markets announced today that it secured $24.25 million in acquisition financing for Urban 188, a 188-unit, value-add, garden-style workforce housing community located in Phoenix, Arizona. JLL worked on behalf of…
Rental housing industry leader, Greystar, recently broke ground on the first phase of their multifamily housing development at City North in Phoenix, Ariz. This marks City North’s first vertical element in the…
2021 was a highly competitive year for renters in many areas as they faced a perfect storm: high demand, low Phoenix apartment availability and applicants with top-notch credit scores. In…
According to the final 2021 monthly report on the multifamily industry from Yardi Matrix, national average asking rents rose 13.5 percent year-over-year between 2020 and 2021. In December, average asking rents increased…
Kalon Luxury Apartments, a brand new community developed, owned and managed by multifamily housing leaders, P.B. Bell, is now open in Norterra. Nestled conveniently in the suburban heart of North…
Wexford Developments and Wexford Real Estate Investors (WREI) are partners in announcing the closing of a new acquisition that brings more than 220 rental apartment units to Flagstaff. The site, which consists of…
StreetLights Residential, a design-driven developer of multifamily and mixed-use communities, recently broke ground on The Alyssa, its newest luxury multifamily community in Tempe, Arizona. This is the fifth project in Arizona…
The multifamily market weathered the pandemic much better than other commercial real estate sectors, according to report from Kidder Mathews. While rent growth fell below historical averages, average monthly rent…
