$18M sale of some or all of the 11 acre assemblage of land in downtown Scottsdale once planned for a $600M Solis Hotel north of the W hotel and wrapping along the east side of the canal as it extends north from Camelback Road. County records show the parcel sold was a .201 acre site, but unless the highest per square foot commercial sale just happened, the deal included more than that. IMH Financial Corporation foreclosed on the property and formed AZ-Waters Edge LLC, which was the only bidder in the auction of the property and the seller in this transaction.
STV community opens sales
June 4, 2026
Photo via Dream Finders Homes By InBusiness Phoenix Dream Finders Homes continues to add housing inventory in the Phoenix metro area with new home sales now under way
