Phoenix

HSL Properties Sells Arizona’s Tallest Residential High-Rise for $94M

The luxury property in downtown Phoenix last traded for $50.7 million seven years ago.

TruAmerica Acquires 5 Communities

Located in Florida, Ohio and Arizona, the properties total 1,500 units.

Decron Properties Buys Phoenix Community for $91M

This purchase marks the firm’s ninth in the market in the last 15 months.

Northmarq Brokers $44M MHC Sale in Arizona

The Phoenix-area community represented a value-add opportunity for the buyer.

Tempe Metro. Image courtesy of American Landmark

American Landmark Enters Arizona Market

Tempe Metro Apartments last traded in 2018 and will be rebranded by the new owner.

Skywater at Town Lake. Image courtesy of Apartment Finder

KB Investment Acquires Tempe Apartments

Mesa West Capital provided a $108 million loan for the purchase of Skywater at Town Lake.

CBRE IM Buys Phoenix-Area Self Storage Asset

The 562-unit property came online in 2021.

Continental, GTIS Sell 2 Communities

CBRE brokered the sale of the Arizona property, while JLL handled the Colorado transaction.

An image of a glass high-rise

Medistar JV Secures $204M Construction Loan for Phoenix Project

Central Station will include student housing, multifamily, office and retail space.

Phoenix Multifamily Report – June 2022

After a stellar 2021, the city’s rental sector shifted down a gear.