Phoenix

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.

7190 Optima Kierland. Image courtesy of Optima

Optima Opens Scottsdale Tower

The building represents the project’s fifth and final phase.

Solaire at Scottsdale. Image courtesy of Gantry

29th Street Capital Buys Phoenix Asset for $28M

Gantry secured an acquisition loan for the buyer.

Suburban Phoenix

Mill Creek Breaks Ground on Arizona Project

The project marks the firm’s entrance to the Phoenix single-family BTR market.

MC Cos. Lands $60M Refi for Phoenix-Area Property

Walker & Dunlop arranged the financing for the garden-style community.

Belgravia Group Breaks Ground on Condo Project Near Phoenix

This project is designed to fit a niche between SFR and typical multifamily buildings.