Goodyear OKs 288-unit Multifamily Development
By Tasha Anderson for AZBEX Allante Development, LLC, an affiliate of Denver-based Allante Properties, LLC recently received approval from Goodyear City Council to develop a BEX
News Ticker
Articles by Monica Tapia
COVID-19 News Round-up for December 1st
Budget, Policy & Stimulus News Tucson Budget Remains Healthy Tucson’s municipal budget is faring better than originally projected at the onset of the pandemic crisis, BEX
Banner Sports Medicine Center Announced
Alter, one of the nation’s leading commercial real estate developers, announced a $54M, three-story, 80KSF comprehensive sports medicine center at its Riverwalk at Talking BEX
West-MEC CTE Program Helps Shrink Labor Shortage
America is dealing with an unprecedented shortage of skilled labor. The Department of Labor reports that while there are 7.6 million unfilled jobs, only 6.5 million people BEX
Industry Professionals 12-01-20
Giving Back 1. For the past 15 years, Michael Pollack of Pollack Investments has supported Bishop Tyronne Stowe’s annual Thanksgiving meals for those in need and this year BEX
Commercial Real Estate Transactions 12-01-20
Sales Transactions 1. An undisclosed buyer purchased The Retreat at the Raven, a 192-unit garden-style multifamily property at 3606 E. Baseline Road, Phoenix, for $49.2M. BEX
CMAR Sought for Tolleson High School Project
By Tasha Anderson for AZBEX The Tolleson Union High School District recently issued a Request for Qualifications for Construction Manager at Risk (CMAR) services in order to BEX
COVID-19 News Round-up for November 24th
Budget, Policy & Stimulus News Opposition Mounts to New SBA PPP Questionnaire The Small Business Administration Paycheck Protection Loan forgiveness questionnaire has BEX
Affordable Housing Grants Announced for AZ Projects
Home Matters® to Arizona, which is planning a $100M fund over two years to finance affordable housing projects in Arizona, announced its first award recipients that will BEX
Arizona Construction Gained 2,400 Jobs in October
By Tasha Anderson for AZBEX Arizona’s seasonally adjusted unemployment rate increased to 8.0 percent in October 2020, from September 2020, according to the latest report BEX
Industry Professionals 11-24-20
Giving Back 1. Six volunteers from ABI Multifamily on November 14th joined Habitat for Humanity to work on a home renovation project for a deserving Mesa family. Awards & BEX
Commercial Real Estate Transactions 11-24-20
Sales Transactions 1. An undisclosed buyer represented by Martin Cohan of Marcus and Millichap, Steve Gebing and Cliff David of IPA, purchased Riata, a 300-unit Class A BEX
Gilbert’s Mercy Mixed-use Dev. Get’s Updated Plans
By Tasha Anderson for AZBEX Updated plans for a new mixed-use development to be located at the SEC of Val Vista Drive and Mercy Road were reviewed at the Town of BEX
COVID-19 News Round-up for November 20th
Economic News Good News in Affordable Housing A recent report from MRI Software offers some hope for the affordable housing sector. Rent payments last month reached BEX
Board Approves Next Steps for Convention Center
The Rio Nuevo Board unanimously approved the next steps in its Tucson Convention Center revitalization project. These will advance more than $4.5M in continued BEX
Arizona Projects 11-20-20
Groundbreakings 1. Westcore broke ground this month on a 720KSF, three-building industrial campus at 199th Avenue and Fairway Drive, Avondale. Westcore teamed with The BEX
122-room Hotel Planned for Mesa
By Tasha Anderson for AZBEX A limited service hotel is being planned for a vacant 2.9-acre site north of Baseline Road and east of Mesa Drive. Gilmore Planning & BEX
COVID-19 News Round-up for November 17th
Budget, Policy & Stimulus News Federal Judge Delays PPP Info Release A federal judge has granted the U.S. Small Business Administration‘s request for a stay in BEX
Industry Professionals 11-17-20
Giving Back 1. During its fourth-quarter round of giving, the Sundt Foundation awarded more than $75K in grants to 19 Phoenix-area nonprofits. In addition to its BEX
Commercial Real Estate Transactions 11-17-20
Sales Transactions 1. PCCP acquired the District at Chandler, a 340-unit, four-story apartment complex at 2222 W. Frye Road, Chandler, for $95M. The seller was an entity BEX
Mesa’s Waypoint Office Complex to Get Extra Building
By Tasha Anderson for AZBEX The Waypoint Office Complex in Mesa is getting its fifth building at the SWC of north Alma School Road and Bass Pro Drive. BEX
COVID-19 News Round-up for November 13th
Budget, Policy & Stimulus News Phoenix May Extend Sky Harbor Rent Relief Having already reduced rents for concession companies at Phoenix Sky Harbor International BEX
Partnership Expanding Rincon Healthcare Campus
Late last month, TMC HealthCare announced it is expanding its Rincon campus at 10350 Drexel Road in Tucson. According to a joint press release, TMC partnered BEX
Three Paths to Business Development in COVID Era
By Chad Schleicher for Weitz COVID-19 has changed our environment over the last eight months and forced us into a new modality of working and competing for business. BEX
Arizona Projects 11-13-20
Groundbreakings 1. Tucson International Airport is undergoing a $300M remodel for the first time in 60 years. The project is primarily to modernize and configure the BEX
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