It has probably never been a better time to hunt for a luxury apartment. Rising vacancies coupled with a glut of newly developed luxury apartments has forced developers and owners…
The Related Group, an international developer known for its sophisticated metropolitan ‘for-sale’ condominiums, rental, and mixed-use projects, announced the groundbreaking of their second multi-family project in Arizona called Town Deer Valley…
Especially these days, we’re all trying to find cheaper alternatives for everything in our lives. That may mean spending less on going out to eat or delaying buying a new…
New research shows that Phoenix is the sixth hottest U.S. market for multifamily sales over the last decade. Over the past decade, the price-per-unit (PPU) for multifamily properties surged 156%,…
Grayson Place, a brand new luxury apartment community developed, owned and managed by P.B. Bell recently opened in February 2021. The $55 million development offers residents upscale amenities in an…
There’s a major new development coming to Maryvale, the West Phoenix village. On Wednesday night, the Maryvale Village Planning Committee voted 9-1 to recommend approval of a zoning variance that…
Tower Capital arranged $14,225,000 in non-recourse construction financing for 19 North, a build-to-rent Townhome community in Phoenix. The community is planned for 96 contemporary styled townhomes that are set within…
One-bedroom apartments are often thought of as a person’s first truly “adult” apartment. With their own designated bedroom, residents have more privacy and space, and as such, one-bedroom apartments generally…
Living in a studio apartment is practically a rite of passage. As one of the more affordable housing options out there, studio apartments give you the independence you’re looking for…
2020 will go down as the year COVID-19 changed everything. As the pandemic became rampant, many initially feared that multifamily rents would rapidly decline. But many metros have emerged from…
Crescent Communities has selected McShane Construction Company to provide construction services for NOVEL Val Vista. Located in Gilbert, Arizona, the new multi-family community will contain 317 units. “We’re thrilled to…
In the largest multifamily sale in over two years, the Andante Apartments in Ahwatukee were sold for $145.25 million, or $252,170 per unit. According to the commercial real estate tracking…
