• The Stewart nears completion in Downtown Phoenix - Read Article

    The Stewart nears completion in Downtown Phoenix

    2018-09-11T11:50:54-07:00

    Scottsdale-based Aspirant Development, a leading residential and commercial real estate developer in the Phoenix metropolitan market, announces construction has nearly been completed on The Stewart, a 19-story, 312-unit luxury apartment…

  • Strong demand boosts average rent to a new high - Read Article

    Strong demand boosts average rent to a new high

    2018-09-11T05:00:58-07:00

    U.S. multifamily rents in August maintained the year’s torrid pace, adding $2 to July’s record high. The $1,412 nationwide average for the month represented a 3% year-over-year increase and was…

  • Evergreen Devco breaks ground on Parc at South Mountain - Read Article

    Evergreen Devco breaks ground on Parc at South Mountain

    2018-08-28T13:50:55-07:00

    Evergreen Devco, Inc., a leading retail and multifamily development company, announced today that it has broke ground for the development of a 258-unit luxury apartment community located at Southern Avenue…

  • Pine Canyon breaks ground on premium condominiums - Read Article

    Pine Canyon breaks ground on premium condominiums

    2018-08-10T13:50:15-07:00

    Pine Canyon, a private master-planned golf course and residential community in Flagstaff, Arizona, has broken ground on Mountain Vista, its newest residential option offering luxury condominium living. The village of…

  • Investor activity heats up in Phoenix multifamily market - Read Article

    Investor activity heats up in Phoenix multifamily market

    2018-08-08T11:50:57-07:00

    The Greater Phoenix multifamily market experienced a mixed second quarter, but investment activity commanded the most attention, according to a report from Colliers International in Greater Phoenix.  Sales were quite active…

  • Azura in N. Phoenix sells for for $38.2M - Read Article

    Azura in N. Phoenix sells for for $38.2M

    2018-08-08T10:50:39-07:00

    Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Azura, a 387-unit apartment asset in North Phoenix, Arizona. The property sold for $38.2 million. “Revenue…

  • Statesman sells $40M to-date at The Cays - Read Article

    Statesman sells $40M to-date at The Cays

    2018-08-08T09:50:04-07:00

    Selling nearly $40 million in real estate to-date, The Statesman Group is preparing to launch the third phase of construction at The Cays at Downtown Ocotillo, a $90 million luxury…

  • Waterton acquires 629-unit Deer Valley property - Read Article

    Waterton acquires 629-unit Deer Valley property

    2018-08-06T14:50:31-07:00

    Waterton, a national real estate investor and operator, announced it acquired Element Deer Valley, a 629-unit highly amenitized rental community at 19940 N. 23rd Avenue in Phoenix, a strategically significant…

  • HSL Properties buys Tucson apartment homes for $37M - Read Article

    HSL Properties buys Tucson apartment homes for $37M

    2018-07-24T14:50:11-07:00

    Tucson-based HSL Properties has purchased two local multifamily, garden-style properties, Casas Lindas Apartment Homes and Springhill Apartment Homes, for $37.43 million from California-based MG Properties. The deal closed on June…

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