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…
What do you get when a prominent property management association and global commercial investment association join forces to predict what’s ahead for 2018? The annual Institute of Real Estate Management…
CBRE has completed the sale of three multifamily properties located in the metro Phoenix area in three separate transactions totaling $9.72 million. Brian Smuckler and Jeff Seaman with CBRE’s Phoenix…
In October, a Massachusetts landlord who refused to rent apartments to pregnant women or families with minor children was found guilty of violating the U.S. Fair Housing Act. The same…
CBRE has completed the sale of Aldea at Estrella Falls, a 328-unit Class A multifamily property, located at 2400 N. Bullard Ave. in Goodyear, Arizona. Tyler Anderson, Sean Cunningham, Asher…
The first residents are moving in this week at Aviva, the East Valley’s newest luxury apartment community. Leasing has gone very well at the new $63 million property with 325…
We’re well into 2018 and so is Arizona’s commercial real estate industry. Many experts are cautiously optimistic about this year, and with that in mind, it’s time to review six projects happening in…
