Commercial Real Estate News 04-17-18
Sales Transactions 1. CBRE announced the $31.15M sale of a 426-unit multifamily portfolio consisting of one- and two-bedroom casitas in 28 communities across the greater Click here to read the full article.
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Commercial Real Estate News 04-10-18
Sales Transactions 1. Greystone announced it has provided a $35.8M Fannie Mae DUS loan for the acquisition of Aldea at Estrella Falls in Goodyear. The transaction was Click here to read the full article.
Commercial Real Estate News 04-03-18
Sales Transactions 1. Colliers International negotiated the sale of the Summerhill Place apartments in Glendale for $19.8M. The “HSK Team” of Bill Hahn, Trevor Koskovich Click here to read the full article.
Commercial Real Estate News 03-27-18
Sales Transactions 1. CBRE negotiated the $54M sale of Tuscany Ridge, a 336-unit Class A multifamily community, in Peoria. Tyler Anderson, Sean Cunningham, Asher Gunter and Click here to read the full article.
Commercial Real Estate News 03-20-18
Sales Transactions 1. Continental Realty Advisors partnered with GTIS Partners to acquire the 240-unit San Palmas at Mission Park apartment complex in Chandler for Click here to read the full article.
Commercial Real Estate News 03-13-18
Sales Transactions 1. DiamondRock Hospitality Company announced that it has acquired the Kimpton Hotel Palomar, a lifestyle boutique hotel in downtown Phoenix. The purchase Click here to read the full article.
Commercial Real Estate News 03-06-18
Sales Transactions 1. A 92.6KSF Class A office building in Scottsdale that serves as a PayPal operations center has sold for $30.5M. Rob Edwards and Tom Ethington with Click here to read the full article.
Commercial Real Estate News 02-27-18
Sales Transactions 1. Cushman & Wakefield completed the sale of the Carlyle at South Mountain Townhomes & Apartments, located at 5151 E. Guadalupe Road and 5102 Click here to read the full article.
Commercial Real Estate News 02-20-18
Sales Transactions 1. Western Wealth Capital recently acquired Villatree, a 150-unit multifamily community in Tempe for $17.35M, increasing the company’s total number of Click here to read the full article.
Commercial Real Estate News 02-13-18
Sales Transactions CBRE has completed the $53.14M sale of Aldea at Estrella Falls, a 328-unit Class A multifamily property, at 2400 N. Bullard Ave. in Goodyear. Tyler Click here to read the full article.
Commercial Real Estate News 02-06-18
Sales Transactions 1. Optima Sonoran Village near the Scottsdale Waterfront has sold for a record $210.4M. The complex on Camelback Road and 68th Street across from Click here to read the full article.
Commercial Real Estate News 01-30-18
Miscellaneous 1. The Fidelity National Title Agency | Camelback Lakes team announced it closed on Pima County Industrial Development Authority Education Facility Revenue Click here to read the full article.
Commercial Real Estate News 01-23-18
Sales Transactions 1. Rich Uncles NNN REIT Inc. of Costa Mesa, Calif. expanded into the Phoenix market through a $26.5M purchase of AvAir’s headquarters. The 163KSF Click here to read the full article.
Commercial Real Estate News 01-16-18
Sales Transactions 1. Florida-based Avesta Communities has entered the Arizona real estate market with its $58M purchase of the 320-unit Coronado Crossing apartment complex Click here to read the full article.
Commercial Real Estate News 01-09-18
Sales Transactions 1. Walker & Dunlop Inc. forged an $86M refinancing deal for Class A properties in Phoenix, Tempe and Scottsdale. The Arizona portfolio with the new Click here to read the full article.
Commercial Real Estate News 12-19-17
Sales Transactions 1. Two multifamily properties, Avilla Marana I and II in Marana totaling 284 units sold for $45.44M. Art Wadlund and Clint Wadlund of Berkadia Real Estate Click here to read the full article.
Commercial Real Estate News 12-12-17
Sales Transactions 1. Transwestern Investment Group and JDM Partners LLC is buying the 2MSF Marina Heights development on Tempe Town Lake for a reported record price of Click here to read the full article.
Commercial Real Estate News 12-05-17
Sales Transactions 1. ABI Multifamily announced the $59M ($256.5K/unit) sale of the Alta Fillmore Apartments, a five-story, midrise-style apartment community located in Click here to read the full article.
Commercial Real Estate News 11-28-17
Sales Transactions 1. CBRE has completed the sale of Dobson Center, a mixed-use retail and medical office development on the SWC of Frye Road and Dobson Road in Chandler. Click here to read the full article.
Commercial Real Estate News 11-21-17
Sales Transactions 1. Institutional Property Advisors, a division of Marcus & Millichap has announced the sale of Mountain Park, a 240-unit apartment complex in Click here to read the full article.
Commercial Real Estate News 11-14-17
Sales Transactions 1. Holliday Fenoglio Fowler, L.P. has announced the $24.5M sale of and the $17.8M acquisition financing for Colonia Verde, a 99KSF grocery- and Click here to read the full article.
Commercial Real Estate News 11-07-17
Sales Transactions 1. A joint venture of Bascom Arizona Ventures and Pacific Life Insurance Company has acquired two luxury apartment communities in North Scottsdale Click here to read the full article.
Commercial Real Estate News 10-24-17
Sales Transactions 1. Salt River Project’s Board of Directors has approved the purchase of two 550-megawatt natural gas generating units at the Gila River Power Station in Click here to read the full article.
Commercial Real Estate News 10-17-17
Sales Transactions 1. CBRE has arranged the sale of IMT Deer Valley Village, an 832-unit institutionally-maintained multifamily community located at 3010 W. Yorkshire Drive Click here to read the full article.
Commercial Real Estate News 10-10-17
Sales Transactions 1. Xenia Hotels & Resorts Inc. purchased the Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch in Scottsdale and the Royal Palms Resort & Click here to read the full article.
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