TEMPE, AZ-The winning bid on the Centerpoint Condominiums is to be announced soon. The development of the Centerpoint project, situated in downtown Tempe, was delayed since the lender, Mortgages Ltd, had filed for bankruptcy in 2008.
The project's 22-floor tower is nearing completion while the 30-floor tower is yet to be completed with both towers comprising 375 residential units. The proceeds from the sale will be used to pay investors. For the full story, go to Phoenix Business Journal.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
