Institutional Property Advisors (IPA), a division of Marcus & Millichap announced the sale of The Lofts at Rio Salado, a 466-unit apartment complex in Tempe, Arizona. The $75.5 million sales…
Ascentris and its development partner, Optima, announced today that the partnership’s 7160 Optima Kierland apartments in North Scottsdale reached 95% leased. The 10-story, 150-unit tower, located adjacent to Kierland…
As Chandler’s booming Price Corridor continues to grow, area homebuyers are driving a new demand for luxury urban living which is fueling new developments like The Cays at Downtown Ocotillo,…
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed $41.4 million in deals recently. Value-Add Multi-Housing Asset Sold by IPA in Phoenix IPA announced the sale of Sonoma…
Broadstone Arts District, a work of art in its own right, will be giving three lucky artists the chance of a lifetime to live rent-free for four months while developing…
P.B. Bell, a leader in multifamily housing development, management and acquisitions, is marking the groundbreaking of its latest project, a resort-style community within the Ocotillo master-planned community in Chandler, Arizona.…
Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured $36.3 million in financing for Capital Place, a 292-unit, Class A multi-housing community in downtown Phoenix, Arizona. HFF worked…
Average U.S. multifamily rents rose $1 to $1,350 in July, according to a survey of 121 markets by Yardi Matrix. Rents were up 2.6% during the month on a year-over-year…
Despite delivering 22,952 new apartment units from 2011 to 2016, demand vastly exceeded supply by approximately 7,100 units; if based on 2016/17 population estimates which saw Maricopa rank No. 1 in…
