The term “commercial mortgage” often refers to a loan for the purchase of any real estate for subsequent income. For example, when an apartment is purchased for resale or rental…
Tower 16 Capital Partners has sold Obsidian on Ocotillo Apartments, a 232-unit multifamily project in Glendale, AZ, for $56.4 million. The property was purchased by Tower 16 in April 2021…
Sundt recently completed renovations at the Tucson Convention Center. The $65 million project in downtown Tucson was completed in partnership with Concord General Contracting. “We are very proud to have completed…
Today, the Data & Analytics division of Black Knight, Inc. ( NYSE: BKI) released its latest Mortgage Monitor Report, based upon the company’s industry-leading mortgage, real estate and public records datasets. The most recent data from the…
The U.S. housing market offered buyers more breathing room to make decisions in August, with the first year-over-year increase in days on market (+5 days) since June 2020, according to…
Phoenix-based developer Creation announced on June 22, 2022, the sale of 10 West Commerce Park in Buckeye for $130 million — a new high-water mark for industrial building transactions within…
The latest episode of the AZ Big Podcast with Michael & Amy has officially dropped. Episode 50’s guest is Arian Ploszaj, director of communications and business development of P.B. Bell,…
With rates and stays finally taking a breather, many short-term rental property managers are experiencing greater competition and are ready to up their digital game. Utilizing technology solutions can set…
Real estate development firm Hatteras Sky along with capital partner Bridge Investment Group broke ground earlier this month on a 23-story mixed-use high-rise apartment project located at First Avenue and West McKinley Street, in the heart…
The construction industry added 16,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On…
S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for June 2022 show that…
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., announced the $37,000,000 / $185,930 Per Unit / $205.20 Per SF sale of Commons on Stella…
