Rising rent leads many to buying homes instead
Rising rent prices are pushing would-be renters to actually buy homes rather than rent apartments, condos or single-family homes in high-priced areas. And because of that, the resale and homebuilding…
Rising rent prices are pushing would-be renters to actually buy homes rather than rent apartments, condos or single-family homes in high-priced areas. And because of that, the resale and homebuilding…
The 8th Annual Phoenix Land and Housing Forecast, presented by Land Advisors Organization, provided a provocative and insightful breakdown of the trends, activity and outlooks within the local real estate market.…
Churchill Commercial Capital Inc., an Arizona based commercial mortgage banker actively arranging loans and joint venture equity for commercial and multifamily properties, closed on two loans worth a combined $36.6…
CBRE has completed the sale of Desert Eagle Estates, a 196-unit apartment community located at 6917 N. 71st Ave. in Glendale, Arizona. Scottsdale, Ariz.-based ReNUE Properties, a local investor who…
Cushman & Wakefield announced the $33.8 million sale of Mission Springs, a 306-unit apartment community located at 1311 W. Baseline Road in Tempe, Ariz., to 29th Street Management II, LLC. …
Leasing begins today for the 76 loft-style luxury apartments within Westgate Entertainment District as owner iStar nears construction completion on the first residential living community located in the heart of…
Institutional Property Advisors (IPA), a division of Marcus & Millichap, sold The Ledges at West Campus, a 205-unit apartment property in Tucson, Ariz. for $23 million, which is also $112,195…
Despite the increasing number of high-rise rental communities dotting the metro landscape, Arizona residents like their space, and now there’s a new community called San Portales in the high Sonoran…
The $12.3 million purchase of Country Gables, a 139-unit rental community in the Northwest Valley, represents the 35th multifamily acquisition in Greater Phoenix by Western Wealth Capital (WWC), which brings…
ABI Multifamily, a brokerage and advisory services firm that focuses exclusively on apartment investment transactions, brokered the $59 million, or $256,522 per unit, sale of the Alta Fillmore Apartments located in Downtown…
Berkadia today announced the sale of Indian Springs Apartments, a garden-style multifamily community in Mesa. Senior Managing Directors Ric Holway and Mark Forrester, along with Senior Director Dan Cheyne, completed…
Denver-based Allante Properties, LLC has entered the Phoenix investment market with the $8,750,000 purchase of Apex off 7th Street, an apartment community at 948 E. Devonshire Ave. “This acquisition offered…