Phoenix
Phoenix Multifamily Report – Summer 2021, Part 2
Rapidly rising demand has pushed rates up nearly 20 percent year-over-year.
Joint Venture Trades Arizona Assets for $313M
CBRE represented the sellers in the disposition of two properties in North Scottsdale.
Decron Adds to Phoenix Portfolio With $107M Buy
Capital One provided acquisition financing for the Tempe asset.
Top 5 Markets for Multifamily Development
Deliveries in these metros have already surpassed 44,000 units this year, according to Yardi Matrix data.
Investment Trust Buys Phoenix-Area Self Storage
The Strategic Storage Trust VI portfolio now totals four properties.
Top Western Markets for Rent Growth
Here’s a breakdown of the best-performing Western multifamily markets ranked by year-over-year rent growth through June 2021.
JV Pays $33M for Phoenix-Area Asset
The new owner plans to rebrand and update the 208-unit garden-style community in Glendale, Ariz.
Top 5 Markets for Transaction Activity in 2021
According to Yardi Matrix data, multifamily deals in the top five markets exceeded $18.5 billion in the first half of the year.
Acacia Capital Acquires Phoenix Community for $96M
CBRE represented the seller in its disposition of the 272-unit property.