• The Lodge, luxury Flagstaff apartments, sell for $43.6M - Read Article

    The Lodge, luxury Flagstaff apartments, sell for $43.6M

    2016-10-05T09:50:28-07:00

    Cushman & Wakefield negotiated the sale of The Lodge, a 252-unit luxury apartment community, located at 3601 South Lake Mary Road in Flagstaff, Ariz. Exchange Services, a qualified intermediary for SK5-ELA,…

  • Pathfinder acquires Phoenix multifamily properties for $34M - Read Article

    Pathfinder acquires Phoenix multifamily properties for $34M

    2016-10-05T08:50:15-07:00

    Pathfinder Partners LLC, a San Diego-based firm specializing in opportunistic real estate investments, acquired two Phoenix-area multifamily communities totaling 300 units. According to Lorne Polger, senior managing director of Pathfinder Partners,…

  • Former MIKID corporate headquarters closes escrow - Read Article

    Former MIKID corporate headquarters closes escrow

    2016-10-04T13:50:28-07:00

    ORION Investment Real Estate negotiated the sale of the former MIKID corporate headquarters for $535,000 ($101/SF). This single user office is located along Thomas Road near 24th Street. Surrounding the property…

  • Nonresidential construction spending slips in August - Read Article

    Nonresidential construction spending slips in August

    2016-10-04T08:50:36-07:00

    Nonresidential construction spending fell for a second consecutive month in August, according to analysis of U.S. Census Bureau released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $686.6…

  • Canadian investment firm buys Tempe apartments for $17M - Read Article

    Canadian investment firm buys Tempe apartments for $17M

    2016-10-04T07:50:53-07:00

    Western Wealth Capital, a Vancouver, Canada-based multi-unit rental property investment firm, recently purchased the 164-unit Amber Gardens in Tempe for $17 million ($103,000 per unit). Western Wealth Capital now owns 24…

  • CBRE completes $46M sale of Cantera Apartment Homes - Read Article

    CBRE completes $46M sale of Cantera Apartment Homes

    2016-10-03T14:50:50-07:00

    CBRE completed the sale of Cantera, a 288-unit multifamily community located at 2475 W. Pecos Rd. in Chandler, Arizona. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s…

  • Berkadia sells Tucson apartments for $31.5M - Read Article

    Berkadia sells Tucson apartments for $31.5M

    2016-10-03T13:50:17-07:00

    Berkadia announced today the recent sale of The Springs at Silverbell, a multifamily property located in Tucson, Arizona. Senior Managing Director Art Wadlund and Associate Director Clint Wadlund of the…

  • $47 million ENVY Residences open in Downtown Scottsdale - Read Article

    $47 million ENVY Residences open in Downtown Scottsdale

    2016-10-03T10:50:01-07:00

    Deco Communities‘ $47M luxury condominium tower, ENVY Residences opened in Downtown Scottsdale in late September. At 8 stories tall, ENVY Residences is the tallest residential building in Scottsdale to be…

  • CBRE to appraise Diamondbacks’ Chase Field - Read Article

    CBRE to appraise Diamondbacks’ Chase Field

    2016-10-03T09:10:07-07:00

    CBRE has been retained by the Maricopa County Stadium District Board of Directors to appraise the value of Chase Field, home of Major League Baseball’s Arizona Diamondbacks. The Board voted to…


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