German investment firm pays $27.1 million for Tempe office project
Phoenix – A limited partnership formed by Munich, Germany-based GLL Real Estate Partners GmbH paid $27.1 million ($166.79 per foot) to purchase a 162,482-square-foot Tempe
Phoenix – A limited partnership formed by Munich, Germany-based GLL Real Estate Partners GmbH paid $27.1 million ($166.79 per foot) to purchase a 162,482-square-foot Tempe
Mesa – A company controlled by Lone Star Funds in Dallas, Tex. (John Grayken, chairman) paid $30 million ($77,320 per unit) to acquire the 388-unit
By Joe Martin | Phoenix Business Journal Eastmark, a new housing development in Mesa, is the medium category winner in our local Social Madness competition,
By Mike Sunnucks | Phoenix Business Journal State regulators have fined a Fountain Hills company $983,000 for conducting unregistered real estate investment sales for a
QUCIK HIT: Belfiore Real Estate Consulting conducted its first survey of Eastmark on July 15, 2013. The top selling subdivision was Sable Garden. This subdivision
By Tim Gallen | Phoenix Business Journal Credit card and mortgage debt among Arizonans continued to decline in June, according to the latest monthly data
By Kristena Hansen | Phoenix Business Journal I’ve been writing quite a bit lately about the changes going on over at Phoenix-based Cole Real Estate
By Belfiore Real Estate Consulting After acquiring 313 finished and partially developed lots within Centex/Pulte’s Laveen MPC “Laveen Farms,” Harvard Investments is being rewarded for
by Daniel Benson Belfiore Real Estate Consulting LGI, a relatively new builder to the Arizona Market, first proved their business strategy at San Tan Heights
Rosewood Homes held the grand opening of their new 18-home “in-fill” “33 Campbell Place” neighborhood on April 20th in the Camelback Corridor at 33rd Street
Belfiore Real Estate Consulting recently surveyed Prescott communities and found that sales have jumped in 2013 from the $200,000 to the $350,000 price range. Higher
QUICKHIT: In June, Maracay opened 2 new subdivisions. Both Artesian Ranch and Vaquero Ranch reported more than 8 sales since opening.
Goodyear – A company formed by Cohen Asset Management Inc. in Los Angeles, Calif. (Brad Cohen, principal) paid $34.5 million to purchase a 150-acre property
Introduction Home sales in May (single family, townhouse & condo) were 6% above April. They were also 2% above the total for May 2012 which
As we study the latest market data, it is apparent that there are several Arizona submarkets where the supply of new homes appears to be
If you’re in the Arizona real estate world, these are the top 10 stories you need to know about this week. This is a regular
The North Phoenix Submarket will soon become active again, following the sellout of several communities. In the Jomax & Carefree Hwy/I-17 & 19th Ave area,
Before the unfortunate market downturn that the nation experienced in 2008 Pinal County was the fastest growing county in the nation. The Town of Florence
Scottsdale – In a $61.525 million deal ($98,283 per unit) scheduled for completion at press time, Priderock Capital Partners LLC in West Palm Beach, Fla.
Phoenix – In two separate transactions expected to total roughly $40 million, Liberty Property Trust in Malvern, Pa. (NYSE:LRY, John DiVall, city mgr. for Arizona
QUICK HIT: Metro Phoenix area lot supply is severely constrained presently During its latest subdivision surveys, Belfiore Real Estate Consulting analysts have found some subdivisions
If you’re in the Arizona real estate world, these are the top 10 stories you need to know about this week. This is a regular
Chandler – A company formed by Alliance Residential Co. in Phoenix (Bruce Ward, Bob Hutt, Jay Hiemenz, et al., principals) paid $37.5 million ($129,310 per
Phoenix – In what is the highest price per unit ever paid for a Valley apartment project, Crow Holdings in Dallas, Tex. (Harlan Crow, et
Builders are now underwriting to Two Types of Land: Infill, Higher Density in Infill Locations. More of these projects will open over the next 18
Belfiore Real Estate Consulting by Daniel Benson According to Bloomberg & BankRate.com, the national average mortgage rate (based on a 80% LTV and a 740+
Join us for what will truly be another riveting conversation at Pinal Partnership! We have the true honor of hosting Pinal County Supervisor
Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.
By AZ BEX The Bullhead City Council was recently presented with an updated vision for future development at Laughlin Ranch. The existing Laughlin Ranch community
By Paul Thompson and Dale Brown | Phoenix Business Journal The top 40 home sales in this week’s Business Journal luxury report combined to generate
By Janet Perez | Queen Creek Independent In the July 21 primary election, five candidates are running for three seats on the Queen Creek Town