Phoenix Mayor Kate Gallego told an audience of elected officials in Washington Thursday that while cities across the country are forced to be creative in the fight to provide affordable…
Even a rise in interest rates cannot slow Arizona’s red-hot housing market. “The modest uptick in mortgage rates over the last several months reflects declining recession fears and a more…
Phoenix Commercial Advisors facilitated the sale of The Collective Shops, six-tenant shops in the heart of Tempe, Ariz., shadow-anchored by Alamo Drafthouse Cinema. The property, located on 2.59 acres on…
Toll Brothers has purchased an 8.2-acre multifamily development site in Phoenix from local full-service investment firm Bayless Investment & Trading Co. for $17.9 million, or about $2.2 million per acre.…
According to statistics, Arizona is the third-most-popular inbound state when it came to moving in 2019. That means Arizona was one of the most popular places to move to in…
The construction industry is as busy as we’ve ever seen it — and a historic number of projects are being built in cities across the country. At the same time,…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Parc Midtown, a 306-unit apartment complex in Phoenix, Arizona. The $78.5 million sales price equates to $256,536 per unit. “Influenced…
Union @ Roosevelt, a recently developed mixed-use project within the popular Roosevelt Row district of Downtown, has been sold to a Chicago-based investor for $27 million. Located at 888 N.…
Edkey, Inc., also recognized as Sequoia Charter Schools, has purchased 8.66 acres within Buckeye Parkway Center at the southeast corner of Interstate 10 and Verrado Way in Buckeye. The company…
Metro Phoenix Bank announced an eight-figure credit facility to Krista R Corporation, further reinforcing MPB as a seasoned commercial real estate lender within the Arizona construction market. Jay Olson, principal of…
CBRE has arranged the sale of the 212-unit multifamily community Sonesta on University on behalf of Knightvest Residential to Western Wealth Capital (WWC) and its investor partners for $43.6 million.…
Confidence among U.S. construction industry leaders increased in November 2019 with respect to sales, profit margins and staffing, according to the Associated Builders and Contractors Construction Confidence Index released today.…
