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Media & Resources
TUCSON— New York City-based MetLife sold the Hilton El Conquistador Golf & Tennis Resort and the El Conquistador Country Club located in Tucson to Tucson-based HSL Properties.
PHOENIX—CBRE has negotiated the sale of Kierland II located at 16260 N 71st St. in Scottsdale. The 237,875-square-foot office building commanded a sale price of $49.15 million.
PHOENIX—There are still value-add properties on the market, according to Steve Jaffe, who has recently been promoted to chief investment officer and principal of BH Properties. With the 100th and highest valued asset acquired to date on the books, BH Properties is making shifts in the firm's buying strategy. Jaffe talks to GlobeSt.com about the latest acquisition and the firm's plans for the future.
PHOENIX—The Arizona Department of Child Safety leased 27,340 square feet at One MacDonaldCenter, 1 N. MacDonald Drive in Mesa. The Arizona Department of Child Safety leased the first, third, and fourth floors and now brings One MacDonald Center to 92% occupancy.
PHOENIX—Trammell Crow Company and Prudential Real Estate Investors have announced an agreement to form a joint venture to develop a Class A, speculative office campus featuring two, two-story buildings totaling 210,000 square feet in Chandler.
PHOENIX—In this edition of Deal-Tracker, Cushman & Wakefield of Arizona, Inc. completes the $2.8 million sale of the Charter Palms Apartments, 1220 N. 44th St. Plaza de Vista, LLC of Tempe purchased the property from Realty Partners Charter LLC of Phoenix.
PHOENIX—Houston-based Domain Acquisitions LLC in partnership with BH Equities LLC of Des Moines (DFA/BH Midtown LLC of Houston, Texas) purchased Midtown on Main Apartments, a transit-oriented, class B complex in Mesa for $34.95 million, or $74,047 per unit. The seller was Bay Club Partners LLC of Beaverton, OR.
PHOENIX—Thomas Bradford Communities, a newly formed company founded by Peter H. Thomas and Mitchell Bradford, plans to acquire $100 million worth of multifamily assets throughout the Southwest.
PHOENIX—Sonoma Valley LLC of Scottsdale purchased Indian Wells,a 176-unit class B multifamily complex in Apache Junction, from CSFB 2004-C5 Apache Apartments, LLC a subsidiary of LNR partners of Miami Beach.
PHOENIX—CBRE has completed the sale of Pinnacle South Mountain located at 5151 E. Guadalupe Rd. in Phoenix. The 552-unit apartment community sold for $63 million. The buyer was FPA Multifamily of San Francisco; the seller was Palo Alto-based Essex Property Trust.
Resources
Placer.ai
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 Resource
TheGuarantors
From 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 Resource
Building Engines
From Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download Resource
TheGuarantors
From 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 Resource
Placer.ai
From 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 Resource
Assurant
From 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 Resource
Placer.ai
From 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 ResourcePlacer.ai
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 ResourceTheGuarantors
From 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 ResourceBuilding Engines
From Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceTheGuarantors
From 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 ResourcePlacer.ai
From 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 ResourceAssurant
From 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 ResourcePlacer.ai
From 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 ResourcePlacer.ai
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 Resource