PHOENIX—Investment Property Associates celebrated the grand opening of its first class A, multifamily development in Ahwatukee with a ribbon cutting ceremony at Liv Ahwatukee.

CHICAGO, MADISON, WI—The 40-building portfolio is the largest in the Madison market, and could sell for $400 million.

ATLANTIC CITY, NJ—New Jersey Lieutenant Governor Kim Guadagno will kick off the New Jersey Builders Association's Annual Economic Forecast, part of the Atlantic Builders Convention (ABC), next Wednesday at the Atlantic City Convention Center. The program will include presentations from business leaders and economic experts about current and emerging economic conditions, demographic and housing trends, and how these and other factors will shape demand for housing both nationally and in New Jersey.