Rent prices have been soaring, especially in popular cities like Tempe, Arizona. According to Bloomberg, the average rent for a one-bedroom in Tempe was $1,703 in June, a 48.3% increase…
Northmarq Phoenix’s Investment Sales team of Trevor Koskovich, Jesse Hudson, Ryan Boyle and Logan Baca brokered the $33.5 million ($167,500/unit) sale of The Arches, a 200-unit, garden-style community located at…
The real estate market has been in a state of flux over the last few years, with prices fluctuating wildly and many industry leaders expressing uncertainty about what the future…
Midwestern markets will heat up, and more friends and family members will pool their money to buy homes together in 2023, as people look for new ways to overcome the…
Phoenix-based Citywide Commercial Real Estate has completed the $7 million acquisition of a five-building industrial portfolio located on just over 7 acres within Thunderbird Business Park, at the southeast corner of Indian School Road…
In recent months, reports have cited Phoenix as a residential real estate market that’s finally lowering home prices after almost two full years on a steep incline. Realtor.com reports the…
Stos Partners, one of the most active commercial real estate investment and management firms in Southern California, announced the $20 million acquisition of an 86,690 square-foot freestanding industrial building. The…
From big cities to small towns and rural destinations, short-term rentals have continued to rise in popularity post-pandemic. This demand looks poised to continue into the 2022 holiday season. With…
With the Valley experiencing cooler weather as fall ushers in winter, pests aren’t dormant and rodents are still up to no good at commercial properties. Damage from rodents can be…
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Liv Crossroads, a 356-unit multifamily property in Gilbert, Arizona. The $116 million sales price represents $325,843 per…
Northmarq Phoenix’s Investment Sales team of Ryan Boyle, Jesse Hudson, Trevor Koskovich and Logan Baca brokered the $22.3 million ($242,391/unit) sale of the Montecito, a 92-unit, garden-style community located at…
The Novus Innovation Corridor is taking advantage of a once-forgotten law. In 2010, Arizona passed a state law that allowed three public universities to create athletic facility districts on city…
