Park Central lands 278-unit apartment development
The owners of Park Central have sold off a 1.6-acre chunk of the property to a developer who is planning a mid-rise multifamily residential community on the site. Plaza Companies…
The owners of Park Central have sold off a 1.6-acre chunk of the property to a developer who is planning a mid-rise multifamily residential community on the site. Plaza Companies…
The U.S. average rent saw its first decline in more than two years, breaking an upward trend lasting since February 2017, according to a study from RENTCafé. Although not by…
Positive job growth. Hundreds of new residents moving into the state each day. Sound fundamentals. Pent up demand for rental housing. Based on those facts, the projection for Arizona’s multifamily…
Kevin Johnson’s athletic legacy was secured at what is now Talking Stick Resort Arena. As a player, Johnson was a three-time NBA All-Star during his stellar career, earning him a…
RENTCafé‘s August rent report is out and while researchers have noticed a slowdown in national rental costs, Phoenix and the surrounding suburbs don’t necessarily follow the trend this time, as…
A new Hoyt Advisory Services Study commissioned by the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) reveals that the apartment industry and its residents annually contribute $53.8…
The national average for cost of rent rose $3 in July from the prior month to $1,469 according to Yardi Matrix. That’s a gain of 3.4% from a year earlier, the…
RENTCafé just released its annual Apartment Construction Report, where it looks at the U.S. metro areas that have the highest number of projected apartments in 2019. Phoenix is among the…
Local builder Porchlight Homes will be introducing Hudson East – a modern condominium community in the heart of Scottsdale – this week. The builder is scheduling pre-sale tours of the…
RENTCafé just released its July Rent Report where it analyzed the evolution of monthly Arizona rents, along with the rents in 260 United States cities. Average rents in Arizona have…
The growing need for workforce housing near Downtown Phoenix is being addressed by three apartment projects that combine affordability with amenities. Pacific Oak Capital Advisors, a national leader in institutional-quality alternative…
Arizona is currently one of the hottest destinations for relocators, and the apartment housing industry is facing the subsequent pressures of that. In 2016, Arizona had the fifth-highest number of net…