Phoenix

Mosaic, NexMetro Break Ground on Phoenix BTR Project

To be built in Glendale, Ariz., the property will offer cottage-style, build-to-rent residences.

Mill Creek Breaks Ground on Phoenix-Area Luxury Apartments

The project is the firm’s fourth in the Grand Canyon State.

Cabana Encanto

Phoenix-Area Asset Changes Hands for $61M

The transaction involved a $34.2 million Fannie Mae loan.

Capital Square JV Eyes BTR Build in Sun Belt Hot Spot

Sunstone Two Tree will co-develop the project.

Toll Brothers Nets Debt for Phoenix-Area Project

A West Coast bank provided $65 million in construction financing for the Glendale, Ariz., community.

Dobson Station rendering. Image courtesy of JLL Capital Markets

StarPoint Properties Lands $52M for Phoenix Development

JLL Capital Markets secured the financing for the 245-unit project.

Phoenix. Photo by DutcherAerials/iStockphoto.com

Phoenix Multifamily Report – June 2023

After two great years, the market is now correcting course.

Soltra at SanTan Village

Premiere Residential Pays $140M for Phoenix Asset

The transaction involved a $70 million loan from Northwestern Mutual Debt Funds.

Clarendon Park. Image courtesy of CBRE

WhiteHaven Pays $37M for Phoenix Property

The buyer plans to invest almost $6 million in renovations over the next two years.

Developer Lands $89M for Phoenix BTR Project

Tower Capital arranged the financing.