Phoenix’s Skyline and the Flight to Quality

JLL has made a habit out of releasing yearly skyline reports and each year they offered details on how the nation’s skyscrapers were doing in terms such as vacancy, asking rates and net absorption. However, in 2015, the firm has outdone itself by not only releasing the report digitally, but also releasing it in an eye-catching format.

TODAY’S DEALS: Bruckal Buys 436 Units in Phoenix

Colliers brokers the sale of a Class B asset in Phoenix; Berkshire Group acquires a Class A apartment community near Boston; and Berkadia secures $20.3 million for a property in Austin.

Phoenix Apartment Market Podcast

Pierce Eislen’s Ron Brock Sr. and MHN’s research editor Jack Kern discuss Phoenix apartment market fundamentals in this edition of our market research podcast.

Crescent to Build Scottsdale Quarter’s First Multifamily Project

Glimcher Realty Trust, a retail REIT, and Crescent Communities, a Charlotte-based real estate investment, development and operating company, recently announced plans to break ground on a 275-unit, luxury apartment community in Scottsdale under a joint venture agreement.