How the property management game has just changed
In today’s rental market, life couldn’t be better for the owners of multifamily developments. Rising rents, declining vacancy and a positive economic outlook suggest that the market could be robust…
In today’s rental market, life couldn’t be better for the owners of multifamily developments. Rising rents, declining vacancy and a positive economic outlook suggest that the market could be robust…
RENTCafé‘s April Rent Report reveals that Arizona rents are keeping shy of the national average, except for Scottsdale. While rents in the U.S. have seen a 3% upwards move compared…
CBRE announced three tenants have signed agreements to locate at The Landing at PMG, a soon-to-be-opened industrial subdivision. Collabtech Group, Huesman Brothers Door and Custom Molding, and Russell-Sigler Inc. will…
It’s no secret that things are good in commercial real estate. From big industrial deals, to blockbuster multifamily transactions to continued interest in the Valley’s urban core, Metro Phoenix brokerage…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Verde Dimora, a 153-unit multifamily asset in Mesa, Arizona. The sales price is $27…
Apartment resident retention is at an all-time high, and renters in some markets are paying a premium to stay put, according to RealPage. In 1st quarter 2019, 53.1% of U.S.…
The Arizona Multihousing Association honored 16 individuals, four communities and four teams/communities Saturday night at the 27th Annual AMA/Cox Communications Tribute Awards. More than 1,500 gathered at the Phoenix Convention…
Newmark Realty Capital, Inc. (NRC), the largest independent commercial mortgage banking firm in the U.S., has arranged $6,500,000 in financing for the acquisition of about 30 acres of land located…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Modern on Peoria, a 216-unit multifamily asset in Peoria, Arizona. The property sold…
Arista at Ocotillo, a new luxury mid-rise apartment community developed by Gilbane Development Company, recently opened in Chandler. The $40 million community is part-owned by P.B. Bell, a leader in…
House flipping is still on the rise in the US and more people are turning their hands to it. The concept seems simple: buy a cheap house, work on it…
Eisenberg Company, a Phoenix-based development company, announced two new industrial projects delivering in the fourth quarter of 2019. The projects, Avondale 107th and Washington 83, are slated to start construction…