Arizona, a southwestern U.S. state, is best known for the Grand Canyon, the mile-deep chasm carved by the Colorado River.
Tag: Arizona
Cushman & Wakefield Arranges the Sale of Trovita Rio Apartment Community in Tempe
Cushman & Wakefield announced that the firm arranged the sale of Trovita Rio, a 209-unit core apartment community located in Tempe, Arizona. Executive Managing Directors,...
Greenlight Communities Closes on New Affordable Rental Community Cabana Kyrene Underway in Tempe
Greenlight Communities, the Scottsdale-based developer dedicated exclusively to building attainable and affordable rental housing without relying on government subsidies, is proud to announce the...
Arizona Senior Housing Portfolio Secures $96M Refinancing Loan by The Hampton Group
Douglaston Development and The Hampton Group Inc have obtained $96.5 million in refinancing for a five-property seniors housing portfolio consisting of 971 units located...
Sherman Residential Spends $72M on Phoenix Residential Acquisition Vela on Camelback
Sherman Residential closed on a significant multifamily buy in Phoenix, paying $72.05 million for Vela on Camelback, a 237-unit ($304k/unit) Class A community. The...
Greenstone Partners Lists Entitled Land Opportunity for $8.5M
Greenstone Partners, in collaboration with ORION Investment Real Estate, is excited to announce the marketing of a newly entitled land opportunity located at 1734...
Institutional Property Advisors Brokers Sale and Arranges Financing for Multifamily Asset Ponderosa Park Apartments...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Ponderosa Park Apartments, a 120-unit apartment property in...
AVE x RXR Announce New Property AVE Paradise Valley in Arizona
AVE, the residential real estate brand of Korman Communities, in partnership with RXR, announces the opening date of AVE Paradise Valley (12400 North Tatum...
Successful Lease-Up Leads to Sale of Luxury Multifamily Community Village of Chandler in the...
Village of Chandler, a TruVista Development managed by Bryten Real Estate Partners, completed a successful lease-up which will result in the sale of the...
Greenlight Communities Promotes Brian Spetman To Vice President of Project Managment
Greenlight Communities, a Valley-based developer committed to providing attainable housing for Arizona’s median earners, is pleased to announce the promotion of Brian Spetman to...
Institutional Property Advisors Closes Multifamily Asset Sale of Desert Club for $187.5M in Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Desert Club, a 497-unit multifamily asset in Phoenix, Arizona. The...
GMH Communities Names Residential Buildings at Central Station in Downtown Phoenix
GMH Communities (GMH), a vertically-integrated real estate company specializing in the acquisition, development and management of exceptional living communities throughout the United States, officially...
Greenlight Communities Announces Grand Opening of New Multifamily Community Streamliner 16th in Phoenix
Greenlight Communities, the Valley developer building brand-new budget-conscious communities, is excited to announce the opening of their new Streamliner 16th community at 16th Street...
Morgan Group Sells the Pearl Biltmore Luxury Apartment Community in Phoenix for $152M
Morgan Group sold the Pearl Biltmore luxury apartment community in Phoenix for $152 million. The property at 24th and Highland was bought by Covenant...
CBRE Facilitates $79M Sale of Upscale Phoenix Multifamily Community Alta North Central
Alta North Central, a 229-unit Class A multifamily community located in north central Phoenix, traded hands in a $79 million ($345k/unit) transaction. The community features...
McShane Completes 286-unit Multifamily Development Manor Scottsdale in Arizona
McShane Construction Company has completed Manor Scottsdale, a 286-unit apartment complex in Scottsdale, Arizona. Related Group chose McShane to construct the five-story wrap-style building...