As new apartment buildings crowd the downtown skyline and rents rise across Phoenix, low-income residents continue to rely on decades-old public housing. But that’s beginning to change: In June, the…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), closed the sale of Willow Creek, a 402-unit value-add multifamily asset in Tempe, Arizona. The property sold for…
U.S. multifamily rents ended with a bang heading into the July Fourth holiday, with the average rent rising by $12 in June to an all-time high of $1,405, according to…
NexMetro Communities partnered with MEB Management Services in 2014 to manage the lease-up and stabilized operations of their Avilla Homes Arizona portfolio. NexMetro recently sold three Arizona communities for $98 million. Avilla Grace…
CBRE Capital Markets’ Debt & Structured Finance team arranged a $18.3 million loan for the acquisition of Avilla Heights, a luxury 116-unit apartment complex in Chandler, Arizona. Brian Cruz, Scott Peterson,…
Alliance Residential Company, in collaboration with Dwelo and Google, announces the launch of its “Alliance SmartHome” technology package, planned across more than 25,000 luxury apartments nationwide. Utilizing thermostat and lighting…
The 9-acre agricultural property located west of the northwest corner of Dobson and Frye roads, in the prestigious Price Corridor of Chandler, was recently purchased for $4,400,000. A 340-unit multifamily…
Phoenix-based Alliance Residential Company, one of the largest multifamily developers and managers in the U.S., announces the groundbreaking of Marvelle at Southcenter, Tukwila’s newest modern apartment community designed exclusively for residents age…
The Statesman Group announced today that sales will launch for the first release of 30 homes at The Luxe, a $125 million luxury condominium community in Desert Ridge, when the…
Thirty-nine luxury homes will become available for purchase in July, with registration beginning this week, when the developer of The Ritz-Carlton Residences, Paradise Valley launches sales for the second release…
New research from the Urban Land Institute shows that the population of urban neighborhoods in many metropolitan areas is growing as quickly or nearly as quickly as that of suburban…
The downtown Phoenix skyline is changing dramatically and the only way to get this done is by having tower cranes dotting the skyline. UEB is working on two major multifamily projects…
