Phoenix

Greenlight Communities Lands $23M for Phoenix Project

JLL secured the funds for the developer and facilitated a joint venture equity partnership with Bridge Investment Group.

Optima JV Premieres 2nd Luxury Tower in Scottsdale

Part of the Optima Kierland Center, the community will feature 213 units upon completion in August.

Western Wealth Acquires Phoenix Community for $21M

As part of the deal, the company assumed a $9.8 million CMBS loan.

Greenlight Communities Completes 2 Phoenix Attainable Housing Properties

The developer financed the 478 units’ construction with two loans totaling more than $51 million.

Phoenix Multifamily Report – Spring 2020

Following a strong showing for both rent growth and transactions, the metro has ended the cycle on a high note.

Hines JV Develops Phoenix Luxury Community

The 325-unit project will be part of a larger mixed-use shopping center developed by Pederson Group.

Banyan Residential Breaks Ground on Scottsdale OZ Project

Upon completion, Scottsdale Entrada will be one of the largest mixed-use developments in the Phoenix area.

FirstService to Manage Phoenix-Area Condo Property

Safari Drive came online in 2008 and consists of five buildings, with a mix of one- to three-bedroom units.

IDM Cos. Lands $49M for Phoenix Development

The developer plans to soon begin work on the 458-unit community within the 1,200-acre Algodon Center.

Bridge Investment Group Closes $50M Acquisition in Phoenix

The company used a $33.7 million Freddie Mac loan to purchase Country Club Verandas, a 348-unit community in Mesa, Ariz.