The multi-family market in the Valley has reached a fever pitch, as a six-property portfolio was purchased by the Blackstone Real Estate Income Trust for $311 million. The portfolio consists…
The Greater Phoenix multifamily market experienced a mixed second quarter, but investment activity commanded the most attention, according to a report from Colliers International in Greater Phoenix. Sales were quite active…
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Azura, a 387-unit apartment asset in North Phoenix, Arizona. The property sold for $38.2 million. “Revenue…
Selling nearly $40 million in real estate to-date, The Statesman Group is preparing to launch the third phase of construction at The Cays at Downtown Ocotillo, a $90 million luxury…
In the first purchase of residentially zoned State Trust Land in Tucson in more than a decade, KB Homes successfully bid $10.625 million today for about 210 acres northeast of…
The Salt River Pima Maricopa Indian Community’s (SRPMIC) new Justice Center, designed by Gould Evans, was recently selected as a 2018 Architizer A+Awards winner in the Government & Municipal Buildings…
The Terraces at Glassford Hill apartments in Prescott Valley have been sold to California-based Virtú Investments for $47,350,000 which is $209,530 per unit. “The Terraces is irreplaceable with it’s…
CBRE and The Boyer Company, a full-service real estate development firm based in Salt Lake City, Utah, announced today the expansion of Rio2100 with the addition of a 160,000-square-foot speculative…
ABI brokers $8.825M apartment sale near Downtown Mesa ABI Multifamily, the Western US’s leading multifamily brokerage and advisory services firm, announced the $8,825,000 / $90,979 Per Unit sale of the…
Waterton, a national real estate investor and operator, announced it acquired Element Deer Valley, a 629-unit highly amenitized rental community at 19940 N. 23rd Avenue in Phoenix, a strategically significant…
On July 25, Christian Care Companies opened its sixth Fellowship Square campus in Arizona, Fellowship Square Surprise, located at16477 West Bell Road. The new 15-acre non-profit senior living community offers…
Trammell Crow Company (TCC) and an institutional investor have partnered to acquire a 38.5-acre site south of the southeast corner of 59th Avenue and Lower Buckeye Road in the Southwest…
