Phoenix

NOVO Broadway

MG Properties Pays $100M for Phoenix-Area Asset

Marcus & Millichap’s IPA division represented the seller and secured financing.

Lumara is a 456-unit luxury community under construction in Phoenix.

Toll Brothers JV to Develop 456-Unit Luxury Community in Phoenix

The developer’s pipeline in the market includes four projects.

Refinery at Pointe17

Thompson Thrift Adds to Phoenix Footprint

The project is part of a 14-acre mixed-use development.

Flamingo Mobile Home Park

Comfort Communities Picks Up Phoenix-Area MHC

Flamingo Mobile Home Park changed hands for almost $13 million.

Novana is a 400-unit luxury community in Mesa, Ariz.

Toll Brothers JV to Develop Phoenix-Area Luxury Community

Project financing includes a $78 million construction loan from Bank OZK.

Ariel view of Cyrene at Estrella in Goodyear, AZ

Phoenix-Area SFR Asset Trades for $26M

The recently built Cyrene at Estrella changed hands for $400,000 per unit.

GreenLake Provides $100M Construction Loan for Phoenix Community

The 276-unit community will be complete in summer 2024.

Cottages at McDowell

Mark-Taylor Continues Rapid SFR Expansion in Phoenix

Cottages at McDowell is a new, 219-unit community in Avondale, Ariz., developed by WestStone Group.

Phoenix. Photo by Gregory Clifford/iStockphoto.com

Phoenix Multifamily Report – September 2023

A solid pipeline has cooled off the city’s dry heat, at least temporarily.

Vista Ridge

Dominium Opens Affordable Community in Phoenix

The property is supported by the Section 42 LIHTC program.