Phoenix
Cortland Acquires Arizona Community for $97M
Institutional Property Advisors brokered the sale of the 415-unit MetroPointe in Tempe.
Gilbane Completes 4 Student Housing Projects
The company has delivered more than 3,000 beds across developments located in Maryland, Oregon, Georgia and Arizona.
Optima Opens Luxury Rental Tower in Arizona
The 213-unit building forms part of the $500 million Optima Kierland Apartments development in Scottsdale.
Benedict Canyon Sells Phoenix-Area Property for $15M
NorthMarq provided Freddie Mac financing for the acquisition of the 116-unit Glendale community.
JV Buys Phoenix-Area Community for $77M
FCP and Tides Equities purchased the 515-unit property a few miles from downtown Tempe.
Phoenix Multifamily Report – Summer 2020
While the market did not remain unscathed, the metro’s rental segment fared relatively well since the pandemic hit.
Praedium Group Adds to Arizona Holdings
The real estate investment firm purchased the 385-unit Liv North Valley in Phoenix for $90 million.
East Phoenix Community Trades for $15M
Greystone provided a fixed-rate $10.8 million Fannie Mae loan for the acquisition.
Banyan Residential Breaks Ground on Phoenix OZ Project
The developer is expecting to see its first move-ins at Banyan Washington in late 2021.
Housing Trust Group Begins Construction of Arizona Project
The company is teaming up with Treger Partners on Aviva-Goodyear, a 288-unit luxury property in Goodyear, Ariz.