Optima, Inc., the developer and one of the original owners of the 592-apartment home Optima Sonoran Village, has acquired the luxury apartment community through a new partnership with Des Moines,…
This is an exciting time where retail shoppers have more choices, more options, greater variety of ways to make purchases, receive goods and services, and certainly have the ability to…
The Ellsworth Road project will improve the flow of traffic and safety on Queen Creek’s most traveled roadway. Improvements to the roadway were initiated with a groundbreaking ceremony on Wednesday,…
Robson Multi-Family will be opening Noria, its first luxury apartment community in Chandler, in March. Noria represents an entry into the multifamily market for Robson, a well-established developer of luxury,…
It’s the big deals and the brokers who close them that make the market an interesting one to watch. Here are some of this week’s noteworthy commercial real estate deals.…
Western Wealth Capital (WWC), a growth-focused real estate investment company, recently acquired Villatree, a 150-unit multifamily community in Tempe for $17.35 million, that increases the company’s total number of acquired rental…
The Arizona Builders Alliance’s longtime President Mark Minter announced he will be retiring effective June 30 after serving the association of commercial and industrial builders for the last 40 years.…
Online crowdfunding platforms for real estate financing continue to emerge across the industry and in new marketplaces. The latest example: Sharestates has expanded and launched in Arizona. Sharestates, an online…
Walker & Dunlop, Inc. announced that it structured a $49,628,000 loan for Arrowhead Summit, a 412-unit, Class B property in Glendale, Arizona. The financing was arranged for repeat-borrower, Cortland Partners (“Cortland”…
Cushman & Wakefield completed the sale of Mission Palms, located at 6131 North 16th Street in Phoenix. Phoenix-based Clear Sky RES Properties, an entity formed by Clear Sky Capital, purchased…
The Phoenix Metropolitan Area makes up the central part of Arizona, totaling over 9,000-square-miles. Also referred to as Greater Phoenix, this region includes both East and West Valley cities, but…
Vacant Fry’s big box sold in Apache Junction Velocity Retail Group has sold a vacant Fry’s Food & Drug store at the southwest corner of Apache Trail and Idaho in…
