Month: January 2021

The recently released “Fourth Quarter 2020 North America Quarterly Construction Cost Report” from Rider Levett Bucknall showed increases in 11 of the…

By Associated Builders and Contractors  The construction industry added 51,000 net new jobs in December, according to an Associated Builders and Contractors analysis…

Giving Back  1. Each year, the WTS Metropolitan Phoenix Chapter offers seven scholarships to assist qualified candidates aspiring to transportation careers. The scholarships…

Sales Transactions  1. TruAmerica Multifamily acquired Pointe at South Mountain Apartments, a 38-building, 364-unit multifamily complex at 8809 S. Pointe Parkway, Phoenix, for $80M,…

By Rebekah Morris for AZBEX  Next week the BEX research team will present detailed market analytics at the fourth annual Construction Forecast Event. The topic will be…

Economic News Landlords Have Options with Non-paying Tenants Multifamily landlords with non- or slow-paying tenants are exploring their options in the…

By Tasha Anderson for AZBEX  A new commercial/light industrial development is being planned for the NWC of Dysart Road and…

By CBRE  MDH Partners has purchased roughly 41 acres in Goodyear and plans to construct a two-building speculative industrial project called Gateway 303.  CBRE represented…

By Jeanine Jerkovic for City of Surprise  When you’re a city called “Surprise,” it’s safe to say that constant change is a…

Awards & Accolades  1. Healthcare Real Estate Insights has presented the $50M renovation and expansion of Splendido at Rancho Vistoso with the 2020 HREI Insights Award in the “Post-Acute…