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PHOENIX—Capital One Multifamily Finance closed a Fannie Mae fixed loan totaling $5.5 million for the acquisition of Peoria Mobile Estates, a 125-pad manufactured housing community for seniors in Peoria.
TUCSON—CBRE has completed a 31,100-square-foot lease at the Campus at Tucson International in Tucson, Ariz. VXI Global Solutions, a Los Angeles-based company and provider of business process and information technology outsourcing, has leased the space.
PHOENIX—Parcland Crossing, a 383-unit apartment complex located at 800 W. Willis Rd. in Chandler, has sold for $65 million. The multifamily community sits just south of the 202 Freeway at the northeast corner of Willis and Alma School roads in Chandler.
PHOENIX—Following the recession and over the past five years, foreclosures have kept prices low on industrial/manufacturing buildings, according to Rob Martensen, vice president of Colliers.
PHOENIX—Highlands Village Equities, LLC (a company formed by Glenwood Development Company) purchased The Shoppes at Highlands Village, a grocery-anchored neighborhood shopping center at 1145 North Ellsworth Rd. in Mesa. The 87,486 square foot center was bought for $10.05 million from Donahue Schriber Realty Group.
PHOENIX—The Chef's Warehouse is making its foray into the Phoenix with a 14,488 square-foot lease at 745 W. Fairmont Dr. Cushman & Wakefield of Arizona, Inc. negotiated the lease.
PHOENIX—Watt Communities of Arizona has doubled its Phoenix project pipeline and brought its total local construction commitment to more than $21 million with the announcement of two new urban infill communities: The Enclave at 32nd Street and 16 Ocotillo.
PHOENIX—Harvard Investments will partner with Lincoln Property Company to develop the second and final phase of Riverview Point, a class A office project directly adjacent to the 250-acre Mesa Riverview mixed-use property in Phoenix's booming Southeast Valley.
PHOENIX—The Old Town Scottsdale submarket is hot and isn't showing any signs of slowing down, according to Chris Latvaaho of Cushman & Wakefield of Arizona, Inc. The company just negotiated leases totaling 24,486 square feet for a commercial real estate advisory firm and a medical care company at 4141 N. Scottsdale Rd.
PHOENIX—Jay Lefevers, founding principal of Phoenix-based Viewpoint Group, LLC will join CBRE's valuation and advisory services team. CBRE's valuation and advisory services intermountain region, which is headquartered in Phoenix, provides comprehensive valuations on complex real estate.
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.
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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.
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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.
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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