Over the past five years, average rents have hit record highs in almost every major U.S. metro area. Data from SpareRoom, the leading roommate matching site, suggests that in 10 years,…
JLL Capital Markets announced today that it has arranged $120 million in construction financing for the development of Ray Phoenix, a 401-unit, 26-story multi-family residential building located in downtown Phoenix, Arizona. …
Subtext, a national student and multifamily housing developer, announced today that it will start construction at 1011 E. Orange St. in Tempe, Arizona for the development of VERVE Tempe, a…
RentCafe’s report on America’s toughest rental markets at the beginning of the 2024 rental season is out now — and here’s what renters in your metro can expect this summer: The Phoenix rental market remains fiercely competitive this season as many…
If you feel crammed in your Phoenix apartment, that’s because you’re living in the tightest rentals in Arizona. Moreso, Phoenix saw the smallest apartment space upgrade, four times less than Tucson, according to RentCafe’s latest Apartment Size Report. MORE NEWS: Experts say…
U.S. multifamily rent growth and occupancy have deteriorated since the 2022 peak, and the 2024 Multifamily Outlook from Yardi Matrix anticipates further deceleration in the second half of this year. MORE NEWS:…
Weylyn Luxury Apartments, Laveen’s newest high-end community, is now open and welcoming new residents. Nestled in the heart of the upcoming South Mountain corridor, Weylyn Luxury Apartments is conveniently located…
Here are the Top 10 multifamily management companies in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona…
Transwestern Development Company (TDC) and its investment partners, Globe Corporation and University Realty, announce the completion of Vero, a 199-unit, seven-story apartment community at 651 E. 6th St. in Tempe’s…
Tannin Development Corp. announced the completion of Edison Midtown, a luxury condo community at 3131 N. Central Ave in Phoenix. The final phase marks the completion of the 110-unit community,…
Alliance Residential Company, one of the largest multifamily developers in the nation, announced the opening of Broadstone Uptown PHX, a new luxury apartment community located at 500 W. Camelback Road.…
Today, LV Collective, a multifamily and student-oriented real estate developer, Kayne Anderson Real Estate, an alternative real estate investment management firm and Pacific Life, an insurance company announced the closing…
