15 redevelopment projects completed in 2017
Many developments in Arizona are fairly new compared to the rest of the country, but there are many abandoned and empty assets around our state that need a face-lift. Redevelopment…
Many developments in Arizona are fairly new compared to the rest of the country, but there are many abandoned and empty assets around our state that need a face-lift. Redevelopment…
Rental rates are on the rise in the Greater Phoenix multifamily market, according to a report released by Colliers International in Greater Phoenix. Rates ticked higher as demand for apartments…
Valor on Eighth is the first of its kind affordable housing project in Arizona that will provide housing for veteran families with children. Located at 1001 E. Eighth St. in Tempe, Valor on Eighth…
Western Wealth Capital (WWC), a growth-focused real estate investment company, announce the acquisition of Carlyle at South Mountain (Carlyle), a Phoenix multifamily residential community that further increases the company’s Southwestern…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) announces the sale of Villatree, a 150-unit multifamily asset in Tempe, Arizona. The $17.35 million sales price equates…
Five Star Development, owner and masterplan developer of the under-construction Ritz-Carlton hotel and residences in Paradise Valley, hosted a site dedication today with special guest Herve Humler, chairman emeritus of…
Optima, Inc., the developer and one of the original owners of the 592-apartment home Optima Sonoran Village, has acquired the luxury apartment community through a new partnership with Des Moines,…
Robson Multi-Family will be opening Noria, its first luxury apartment community in Chandler, in March. Noria represents an entry into the multifamily market for Robson, a well-established developer of luxury,…
Western Wealth Capital (WWC), a growth-focused real estate investment company, recently acquired Villatree, a 150-unit multifamily community in Tempe for $17.35 million, that increases the company’s total number of acquired rental…
Walker & Dunlop, Inc. announced that it structured a $49,628,000 loan for Arrowhead Summit, a 412-unit, Class B property in Glendale, Arizona. The financing was arranged for repeat-borrower, Cortland Partners (“Cortland”…
Cushman & Wakefield completed the sale of Mission Palms, located at 6131 North 16th Street in Phoenix. Phoenix-based Clear Sky RES Properties, an entity formed by Clear Sky Capital, purchased…
The Phoenix Metropolitan Area makes up the central part of Arizona, totaling over 9,000-square-miles. Also referred to as Greater Phoenix, this region includes both East and West Valley cities, but…