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CHANDLER, AZ-Chason Properties of Buffalo, NY acquires Lakeview at Octillo, its third multifamily puchase in the region in three years. Rent growth for apartments in Chandler had been among the best in the Valley in the first quarter.
PHOENIX-California investor Joel McCloud has acquired the 58-unit Holridge apartments in the city's northern tier. He has paid $2.4 million or about $41,400 per unit to the Roseman Family Trust of Ambler, PA.
FLAGSTAFF, AZ-Flagstaff Medical Center has added another phase to its ongoing campus expansion and renovation. The latest project to break ground is an $18-million Women and Infants Center and four-story, 400-vehicle parking garage.
PHOENIX-The Foltz Family Trust of Avondale has sold its Bethany Village Shops, reaping $1.2 million for the 47-year-old holding. The 14,700-sf center is located along N. Seventh Street. Scottsdale-based 2501 Hayden LLC is the new owner.
FLORENCE, AZ-Atlanta-based Vanguard Properties has closed on a 5,550-acre deal and is in escrow on another 3,200. The entire portfolio of BHP Copper is now being eyed for a master-planned community. Vanguard has spent $14 million to date.
SUN CITY, AZ-G&D Investments of Kent, WA has paid $6.2 million for the 107,750-sf La Ronde Center along N. Del Webb Boulevard. The New York City-based seller has sold the Sun City property after owning it for four years.
PHOENIX-Jose Vilanueva, a Phoenix real estate investor, has acquired the 22-unit Kingsley Apartments near the city's uptown section. Vilanueva has paid $770,000 or $35,000 per unit for the property.
PHOENIX-Hewson Development Corp. is ready to close on 4.2 acres near Sky Harbor Airport. The 70,000-sf industrial project had been stalled until affordable clean ground could be located. At $4 per cubic yard, it's time to close the land sale.
PHOENIX-Kitchell CEM gets a new business development manager, taking the marketing director for Arcadis. At Opus West, there is a new general counsel, senior project manager and construction director and GMAC hires a senior VP.
PHOENIX-The Mack Co. is fine-tuning a $38-million plan for a 450,000-sf spec industrial project in the city's northern tier. The firm has placed 10 acres under contract for a total of 40 that are in the project area. Work starts in September.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource