Multifamily news in Phoenix
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Hines to Develop Luxury Community in Phoenix
The company’s first multifamily project in the city will target professionals working in the downtown area and looking for a high-end lifestyle in a core location.
05 November 2018 16:00 -
On the Market: 5 Interesting Listings for the Week of 10/29
This week's listings include a two-property portfolio in McAllen, Texas, a turnkey investment opportunity in Rhode Island, and more.
02 November 2018 17:34 -
KeyBank Arranges $63M for Multifamily Portfolio
The properties include Cambrian in Aurora, Colo.; Ascott Place in Tampa; and The Cascades in Phoenix. The loans were secured through Fannie Mae.
26 October 2018 15:11 -
On the Market: 5 Interesting Listings for the Week of 10/15
This week's listings include a student housing investment opportunity in Boca Raton, an affordable community in Tampa, and more.
19 October 2018 17:32 -
Affordable Phoenix-Area Community Trades for $16M
Johnathan Smith, Brian Smuckler and Jeff Seaman of CBRE facilitated the sale of the 152-unit property in Peoria, Ariz., to a local investor.
03 October 2018 16:06 -
Inland Empire Builders Sells Phoenix Asset for $52M
Capital Foresight is the new owner of Avante Apartment Homes, a 428-unit community located near the city’s downtown area.
02 October 2018 17:18 -
Optima Breaks Ground on Luxury Community in AZ
The company has broken ground on phase II of Optima Kierland Center in Scottsdale, which will include 202 units. The project is slated for completion in 2020.
02 October 2018 13:12 -
Phoenix Asset Sells for $49M
Knightvest Acquisitions purchased Siena on Baseline Apartments from P.B. Bell Cos. The 352-unit community includes three pools, covered parking and a playground.
25 September 2018 18:00 -
Western Wealth Sells 79 Phoenix-Area Units
Scottsdale Haciendas previously traded in 2014, when the current seller shelled out $9.1 million for the value-add asset located close to McDowell Road.
13 September 2018 13:52 -
3rd Ave Investments Buys Phoenix-Area Asset for $22M
The 276-unit Casa Bellisima is located in Glendale, a submarket with limited inventory but more affordable rents than the urban core.
31 August 2018 17:29 -
Priderock Acquires $154M AZ Portfolio
IMT Residential sold Del Coronado, Moorings at Mesa and Rancho Murietta, which are located in Tempe and Mesa.
22 August 2018 17:00 -
Wood Partners Opens Luxury Property in Phoenix
The newest community to join the company's Alta brand is near multiple employment hubs within the metro and features a high-end amenity package.
01 August 2018 15:06 -
Hunt Mortgage Provides $11M for Phoenix Community
The loan also includes a $1.6 million future funding commitment designated for capital improvements at the 104-unit Regency Park Apartments.
24 July 2018 08:13 -
Sundance Capital Group Buys Phoenix Asset
The 90-unit garden-style community last changed hands in 2016. The new owner intends to bring additional interior and exterior upgrades.
23 July 2018 14:17 -
Western Wealth Bullish on Phoenix, Adds 146 More Units
The Canadian firm has added another asset to its Phoenix portfolio. Connect on Union is situated near Loop 101 and was 95.9 percent occupied as of June 2018.
19 July 2018 11:53