Over recent years, property investment has become increasingly popular, with many people deciding to use their cash to invest in a property that they can then rent out to others.…
Enterprise Bank & Trust recently invested $250,000 in the Newtown Community Development Corporation, which will use the funds to help build their Tempe Micro Estates, a new and innovative approach…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Legacy Bungalows, a 200-unit multifamily asset in Phoenix. The property sold for $26.1…
CBRE has arranged the sale of the 340-unit Class A multifamily community Summerly at Zanjero on behalf of Fore Property to a private investor for $78.5 million. CBRE’s Tyler Anderson,…
Arizona Center continues its growth and improvement with the much-anticipated groundbreaking of the new AC Hotel by Marriott – Downtown Phoenix. The hotel is a joint venture development by Dallas-based…
Today, Marwest Enterprises announced Landing 202, a 605,000-square-foot Class A industrial product on approximately 45 acres just south of Loop 202 and west of Hawes Road on the north side…
CBRE announced the sale of two retail properties located within the 147,469-square-foot Elliot Plaza in Tempe, Arizona for $10.45 million. Steve Julius, Jesse Goldsmith and Chase Dorsett of CBRE in…
The first phase of creative office space at George Oliver’s $17 million CASA redevelopment in Phoenix is heading toward an October completion with a host of pre-lease commitments in tow. The project,…
While most students escape the summer heat to enjoy a much-deserved break, Arizona State University makes a host of needed enhancements to its campuses between May and August. By aligning…
Sagewood, a Life Plan Community featuring a resort-like setting focused on independence and well-being in northeast Phoenix, is underway with Phase II adding 220,000 square feet across 3.5 acres that…
A new Hoyt Advisory Services Study commissioned by the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) reveals that the apartment industry and its residents annually contribute $53.8…
The national average for cost of rent rose $3 in July from the prior month to $1,469 according to Yardi Matrix. That’s a gain of 3.4% from a year earlier, the…
