Arizona Multihousing Association, the statewide trade group for the apartment industry, announces the election of its 2022 officers and board members. AMA’s 2022 Board Chair is Scott Hines, PEM…
As we close the page on 2021, hopes that we would be doing the same on COVID-19 have stalled. The Omicron variant has been shuttering businesses, canceling flights and clouding…
Cushman & Wakefield announced the firm has brokered the sale of Promenade at South Mountain, a 110,129-square-foot multi-tenant office building in Phoenix, Arizona. Originally constructed in the 1990s, the two-story,…
The Phoenix industrial market set another record year, exceeding last year’s performance which was the best year on record for the region, according to a report from Kidder Mathews, the…
Phoenix Commercial Advisors facilitated the sale of three retail properties on the northeast corner of Ellsworth and Queen Creek roads — Shops at Terravella, Dutch Bros. Coffee and Valvoline. Shops…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Yardz on Kolb, a 410-unit multifamily asset in Tucson, Arizona. The property traded for $65.5 million,…
The hottest housing market of 2022 will be Tampa, according to a new Zillow® analysis. Rounding out the top five hottest housing markets are Jacksonville, Raleigh, San Antonio and Charlotte in what is anticipated to be…
The housing market may not reach the incredible heights of 2021, but Zillow economists predict it will be anything but slow next year. Expect the strong sellers market to persist,…
Commercial real estate in Arizona is in the midst of an unprecedented run. Ever since early 2020 when the coronavirus pandemic rocked the business community, the commercial real estate industry…
2021 was a highly competitive year for renters in many areas as they faced a perfect storm: high demand, low Phoenix apartment availability and applicants with top-notch credit scores. In…
According to the final 2021 monthly report on the multifamily industry from Yardi Matrix, national average asking rents rose 13.5 percent year-over-year between 2020 and 2021. In December, average asking rents increased…
Colder weather may be settling in, but new housing data suggests the winter market is heating up, as looming mortgage rate hikes motivate more buyers to search for a home…
