Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Delano, a 265-unit multifamily property in Mesa, Arizona. The $64 million sales price equates to…
In the past week, Rise48 Equity has acquired $101,075,000 worth of new apartment communities in the Phoenix, Arizona market. Solano Vista Apartments is a $56,075,000, 352-unit multifamily apartment property located…
To help meet the growing housing demand, fueled by new arrivals to the Phoenix metro area, Taylor Morrison Home Corporation (NYSE: TMHC), a leading national homebuilder and developer, will debut its…
The share of homes selling within one to two weeks is on the rise during a time of year that typically sees the market slow down, according to a new report from…
Phoenix Commercial Advisors facilitated the sale of Tower Plaza, a seven-tenant shop building located on the southwest corner of 40th Street and Thomas Road. The shops, located on 3.18 acres at 3935…
NorthMarq’s Phoenix Investment sales team of Trevor Koskovich, Jesse Hudson, Bill Hahn and Ryan Boyle successfully completed the sale of Arcadia 4127. Renovated in 2017, the 258-unit community comprises one-…
The construction industry has been booming in Arizona for the past few years. Cumming, a national project management and cost consulting firm, reports that the market expanded a remarkable 21.2%…
Construction is underway for The Alexander, a new ground up 209-unit, four-story multifamily community that emphasizes technology and wellness. A groundbreaking was held last month for the $49 million asset…
CBRE has negotiated the sale of Solano Vista, a 352-unit apartment community in Glendale, Ariz. to a private Arizona-based buyer for $56.1 million. Brian Smuckler, Jeff Seaman, Derek Smigiel and Bryson Fricke of CBRE represented…
KemperSports announced today that is has acquired Corte Bella Golf Club in Sun City West, Arizona. With this acquisition, Corte Bella becomes the 17th club in KemperSports’ private cub portfolio. The company has…
Real estate investment can be defined as purchasing or selling land and buildings to profit from the transaction. When it comes to investing, owning real estate can be both gratifying…
Greater Phoenix has earned a reputation as an attractive place for industrial developers thanks to a business-friendly environment, well-built infrastructure and the region’s proximity to trade ports in California. These…
