Tower 16 Capital Partners has acquired Nottinghill Apartments, a 322-unit multifamily property in Tucson, AZ in an off-market transaction for $35.5 million. Nottinghill is Tower 16’s third investment in Tucson…
CBRE arranged the sale of a 10,739-square-foot office property in Scottsdale to a private Northern California-based buyer for $5.7 million. The property sold at a $531 per square foot, which…
David Krumwiede, a 36-year veteran of the commercial real estate industry and Senior Executive Vice President for Lincoln Property Company (LPC), has been named NAIOP Arizona’s 2021 Award of Excellence recipient.…
Scottsdale-based ReNUE Properties today announced the official sale of its affordable housing portfolio to Starwood Real Estate Income Trust for $345 million. The deal, which includes seven properties across metropolitan Phoenix, is the largest…
Rent prices in Gilbert and Chandler are way up. New data from Rent.com shows renters are paying 81% more for a studio in Gilbert compared with this time last year. READ ALSO: Heritage…
The adage “timing is everything” is one way to describe the successful entrée of national general contractor ARCO into the Arizona market. Filling a void in the design-build market is…
Have you ever watched someone making a poor decision and wondered how they’ve made it this far in life? We all make mistakes that we’ll readily admit to. However, there…
It’s no secret that Austin is one of the most popular places to be right now. Not only is snow a rarity, but you have access to world-class amenities and…
The novel coronavirus has disrupted every sector of the real estate industry. That includes commercial real estate and multi-family housing. While some sectors have seen a steady decline in demand,…
In Arizona, Airbnb collected and remitted more than $63 million in tourism taxes in 2021, an increase of approximately 120 percent over 2019. Those eye-popping numbers show that short-term rentals…
Cushman & Wakefield announced the firm has advised YAM Properties in the disposition of a ±9.04-acre multifamily development site in Glendale, Arizona. Scottsdale-based Alliance Residential Company together with American Realty…
Affordable housing in Tempe has been an issue for quite some time. Every other day it seems like a new luxury apartment development with a lazy river is being built…
