Phoenix

Pacific Development Pays $117M for Phoenix Luxury Asset

Heitman provided the buyer of the 335-unit property with $77 million in acquisition financing.

Embrey to Start Construction on Phoenix Luxury Community

The firm purchased the future site of The Quincy at Kierland, scheduled for completion in 2023.

Dwight Capital Closes $30M Refi for Phoenix Asset

The recently completed 183-unit community sits west of Agua Fria Freeway.

MORGAN Unveils Phoenix Luxury Property

Developed in conjunction with Mesirow, the Pearl Biltmore features 19 unique floorplans.

Top 5 Phoenix Submarkets for Construction Activity

The metro recorded some 27,300 units under construction underway as of February, according to Yardi Matrix data.

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Phoenix Multifamily Report – Winter 2021

Following a brief hiatus brought by the pandemic, the metro’s rental market emerged nearly unscathed.

JV Pays $47M for North Phoenix Apartments

A partnership between RedHill Realty Investors and Shelter Asset Management secured a $28 million Fannie Mae loan for the purchase.

Phoenix Multifamily on Solid Ground: Q&A

Having been active in the market’s multifamily sector for several years, Next Wave Investors’ Principal points out Phoenix’s strengths.

Suburban Phoenix Community Sells for $43M

Barings originated a seven-year, $30.5 million Freddie Mac loan for the acquisition in Tempe.

Sunroad Enterprises Sells Phoenix Community for $47M

FirstBank provided a $30.7 million loan for the acquisition of the 163-unit property in Peoria.