IPA sells Onnix in Tempe for $117.5M
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Onnix, a 659-unit multifamily asset in Tempe, Ariz. The property sold for $117.5 million, which…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Onnix, a 659-unit multifamily asset in Tempe, Ariz. The property sold for $117.5 million, which…
Pacific Oak Capital Advisers and Defer Gain broke ground on the St. Ambrose housing development located at the southwest corner of 12th St. and Van Buren St. in Phoenix on October 14…
Regardless if you are a homeowner or property owner, you are legally obligated to ensure that your property is safe for guests. There are many types of accidents that are…
Marcus & Millichap, Inc., a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, today announced that it has entered into a definitive agreement…
The Urban Land Institute (ULI) and PwC US released Emerging Trends in Real Estate 2021, highlighting the evolving trends shaping the real estate industry. The report, which includes proprietary data and…
The Greater Phoenix industrial market has surged during the COVID-19 pandemic, driven largely by the country’s increased use of e-commerce and elevated grocery shopping while restaurants were closed, according to…
Arizona is adding homeowners faster than any state in the nation, a sign of continued growing economic momentum in the state. The state’s quarter-over-quarter homeowner rate change increased by 7.7 percentage points…
The Loop 303 may soon be renamed Merit Partners Parkway if the developer keeps doing what it has been doing along the West Valley freeway. Merit Partners is one of…
Vermaland, a leading Phoenix-based land banking and development company, announced today multiple solar land lease deals that illustrate an interesting trend that is occurring in Arizona. Earlier this year, Vermaland…
As Lex Luthor likes to say in the Superman comics, people will always need land. More importantly, they’ll always need somewhere to live. That helps to explain why the US housing market…
Driving for dollars. While it definitely sounds like the title of an obscure game show somewhere, it is actually an important strategy for today’s up-and-coming real estate professional. Just what…
The property rental market is a lucrative one. Some of the prominent real estate rental properties include condominiums, townhouses, single-family homes, apartments, and single-story buildings. The properties are available at…