multifamily

By Tasha Anderson for AZBEX A new multifamily development is being planned within the Canyon Trails PAD in Goodyear on a site that is currently being used for agricultural production. Developer, Aviata, LLC is requesting …

By Tasha Anderson for AZBEX A new multifamily residential development is being proposed at East University Drive and North Miller Street in Mesa, and will provide modern housing to the students of Hillsong College. Owner, …

By Tasha Anderson for AZBEX Developers Sub4 Development and Jackson Dearborn are looking to build a new, approximately $30M mixed-use project in Old Town Scottsdale consisting of a multifamily component, commercial space and more. Zoning …

By Tasha Anderson for AZBEX The City of Glendale’s Planning Commission recently heard a request to rezone approximately 33 acres at the NWC of 99th Glendale Avenues, for a new mixed-use development which will include …

By Tasha Anderson for AZBEX The second phase of West Maricopa Village, the new 35-acre master plan development including single-family for rent homes, apartments, retail and office space, is making its way through the City …

By CBRE A recent survey of commercial real estate investors ranked Phoenix as a Top-10 target among America’s metros. The Sun Belt market jumped five spots to #4 in CBRE’s 2021 Americas Investor Intentions Survey. …

By Tasha Anderson for AZBEX Developer, El Dorado Holdings, Inc. is looking to bring their single-family for rent design to Pinal County at the NEC of Schnepf Road and Toscana Loop Road in San Tan …

A May 26th auction date has been set for 373 acres along Chandler Boulevard in Ahwatukee. Minimum bid for the land, located between 19th and 27th avenues, is set at $105M. Given the shortage of …

By Tasha Anderson for AZBEX Greystar is looking to develop a luxury brand active independent living community located just northwest of the East Raintree Drive and North 90th Street intersection in Scottsdale. The developer recently …

By Tasha Anderson for AZBEX Toll Brothers Apartment Living is proposing to replace a vacant drive-thru restaurant and parking lot at the NWC of 6th Avenue and Miller Road in Scottsdale, with a new boutique …

By Tasha Anderson for AZBEX  Developer, Trinsic Residential Group is proposing another “Aura”-branded multifamily mixed-use development, this one to be located near the SEC of McClintock Drive and Apache Boulevard in Tempe.  The project will be heard at the City …

By CommercialSearch/Yardi Matrix  Over the past decade, the price-per-unit for multifamily properties surged 156 percent, reaching nearly $160K. This increase surpassed both median home sale prices and rental rates.  The latest CommercialSearch study compared and ranked the most active U.S. metros …

By Tasha Anderson for AZBEX  The Boyer Company is planning a multifamily and commercial development as part of the Rio 2100 mixed-use development in Tempe.  Known as Rio East, the project will be located on 14.2 acres at 98 South River Drive. …

By ZOM Living  ZOM Living has acquired a portfolio of four parcels totaling 33 acres in Phoenix and Scottsdale with plans to deliver up to 1,600 units over the coming years.  The Florida-based firm plans to …

By CBRE  Phoenix offers one of the most favorable development markets for commercial construction in the U.S. according to CBRE’s U.S. Development Opportunity Index. The Valley of the Sun secured the third overall spot on the inaugural list with …

By Tasha Anderson for AZBEX  Alliance Residential is looking to add another high-end multifamily residential development to their “Broadstone” collection in Phoenix.  Known as Broadstone on 7th, or 5727 Apartments as noted on the site plan, the 257-unit complex …

By Tasha Anderson for AZBEX  Another luxury multifamily development is being proposed for the Kierland area in Phoenix.  In November, The Related Group submitted plans to the City of Phoenix in order to redevelop two underutilized single-story office …

By NAI Horizon and Crescent Communities  NAI Horizon represented Gilbert Growth Properties LLC (Park Corporation) in the disposition sale of 8.61 acres of land at Val Vista Square in Gilbert to Crescent Communities, LLC.  Val Vista Square is a large, mixed-use commercial …

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 288-unit multifamily community at the NWC of Van Buren Street …

Ascent at the Phoenician, a $350M, 195-unit luxury condo community planned by Replay Destinations, recently moved a step closer to reality with the developer’s purchase of 32 acres near the Phoenician Golf Club.   Replay bought the land from The Phoenician’s …

By Tasha Anderson for AZBEX  Kaplan Management Company has recently resubmitted their plans for a new multifamily development within the McCormick Ranch Center in Scottsdale.  The site, located at 9375 East Shea Boulevard, is still currently zoned as Commercial Office …

By Tasha Anderson for AZBEX  Developer, Wood Partners is looking to bring another “Alta” brand multifamily residential development to the City of Chandler.  The city recently heard and approved a request to amend the existing Planned Area …

By Tasha Anderson for AZBEX  Porter Kyle, a Scottsdale-based developer well known for creating high-end residential communities, is planning a new townhome community across from the popular Park West mixed-use development in Peoria.  The project, …