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yieldpro.com

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$78.5M Construction Take-Out Financing Arranged for Tempe Multifamily Community

JLL Capital Markets announced that it has arranged $78.5 million in construction take-out financing for The Alyssa, a 335-unit Class A multifamily community in Tempe, Arizona. JLL worked on behalf of the borrower, CrossHarbor Capital Partners, to secure the loan from Corten Real Estate through its senior credit platform. Delivered...

Tempe, AZ · 2d
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KTAR News

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Vestar pays $10.35M for Desert Ridge land after beating out another investor

Phoenix-based retail developer Vestar won an Arizona State Land Department⁠ auction Nov. 5 for about 20 acres near Desert Ridge — but only after exchanging bids with a local real estate investor and an LLC formed a couple of weeks ago. The parcel up for grabs, located on...

Phoenix, AZ · 2d
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yieldpro.com

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$92.1M Refinancing Arranged for Arizona Multifamily Community

JLL Capital Markets announced that it has arranged a $92.1 million refinancing for Atlas Mesa, a 394-unit, Class A multifamily community in Mesa, Arizona. JLL represented the borrowers, The Dinerstein Companies and PCCP, LLC, in arranging the loan with QuadReal Property Group. Delivered in 2025, Atlas Mesa is a four-story...

Mesa, AZ · 1d
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hotelnewsresource.com

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Phoenix Dual-Branded Hotel Receives $70.85M Construction Financing

In Brief: JLL arranged a $70.85 million construction loan for a 257-room dual-branded hotel development in North Phoenix. JLL secured the five-year, floating-rate loan for borrowers Plaza Companies and Fayth Hospitality. The development will include Hotel Six Four, Mayo Blvd, a Tapestry Collection by Hilton and Homewood Suites by Hilton on an 8.15-acre site.

Phoenix, AZ · 1d

AZFamily

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Inside One Camelback: Phoenix Office Building Transformed Into Luxury Living

On tonight’s episode, we get a tour of One Camelback, the commercial-to-residential conversion that’s been under construction for a decade. It’s finally open, and we’ll take you inside. We also tour a castle on a mountain in North Scottsdale and check out a $500k home in North Phoenix.

Phoenix, AZ · 4d

KTAR News

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5,300-acre West Valley development scales back to focus on homes

A 5,300-acre master-planned community in Peoria originally entitled decades ago for 8,000 homes, three golf courses, a resort and up to 2 million square feet of commercial space is scaling back on those original ambitious plans that had been laid out by the previous developer. The Saddleback development is entitled...

Peoria, AZ · 4d

azbigmedia.com

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Power shortages threaten Metro Phoenix construction momentum

Access to electrical power has become the deciding factor in whether Phoenix construction projects move forward on schedule, even as demand remains healthy across industrial, office and retail, according to LGE Design Build’s newly released Q3 2026 Construction Delivery Outlook Report. “Demand in Phoenix is still strong across major...

Phoenix, AZ · 4d

hoodline.com

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Paradise Valley Lands Among America's 5 Richest Suburbs, Report Finds

Paradise Valley, the 12,000-person town wedged between Phoenix and Scottsdale, has officially landed among the five wealthiest suburbs in the entire country. The ranking puts a number on something locals and real estate agents have long sensed: this stretch of desert near Camelback Mountain, with its world-class resorts, low speed limits and speed cameras, has become one of the priciest zip codes in America.

Paradise Valley, AZ · 4d

Phoenix New Times

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Demolition of Phoenix radio studio means game on for Atari Hotel

From the stories making headlines to the restaurants, music and culture that make Phoenix one of a kind, New Times is there. Help us raise $25,000 by December 31 to keep independent local journalism going strong in 2027. Developers behind Phoenix’s long-awaited Atari Hotel have begun demolishing the historic KOY...

Phoenix, AZ · 5d

inbusinessphx.com

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Casa Grande Lease-Up Highlights Growth along Phoenix–Tucson Industrial Corridor

The Phoenix Office of JLL announced that it has signed the final lease at KV Casa Grande, bringing the newly constructed, Class A Central Arizona industrial development to fully leased. A project by Kentwood Ventures, KV Casa Grande’s leasing pace reflects a rising demand for Class A industrial space in outlying submarkets as metro Phoenix industrial activity continues to expand.

Phoenix, AZ · 4d

bestattractions.org

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From Tower Records to H&M and Nordstrom Rack: the long run of Desert Ridge Marketplace in Phoenix, AZ

In 1993 the corner of northeast Phoenix where Desert Ridge Marketplace would rise was still undeveloped desert. Historical records show no buildings there before development; washes and dirt tracks crossed the site. The ground was Arizona State Trust land. In 1990 Phoenix had adopted a plan to turn about 5,700...

Phoenix, AZ · 6d

Housing Wire

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Progress Residential to pay $49.8M to settle FTC, state claims over rental practices

Progress Residential, the single-family rental operator owned by Pretium Partners, agreed to a $49.8 million settlement with the Federal Trade Commission and state regulators over allegations it hid rental fees, mishandled security deposits and misled tenants about property conditions. AI Summary. Progress Residential, the property manager of single-family rental homes...

Arizona · 4d

azbex.com

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Multifamily Plan Advances in Buckeye Monte Verde Plan Area

In its Oct. 27 meeting, the Buckeye Planning and Zoning Commission recommended approval of a proposed Community Master Plan amendment that would allow The Wolff Company to develop a 276-unit multifamily community in the Monte Verde master plan area. In September, AZBEX was the first outlet to report on plans...

Buckeye, AZ · 6d

azbigmedia.com

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Mattamy Homes buys 59 homesites in Glendale for $10.6 million

Mattamy Homes, North America’s largest family-owned homebuilder, has acquired 59 finished homesites in Legacy Place, an established master-planned community in Glendale, Arizona. The $10,620,000 transaction closed Oct. 29, 2026. DEEPER DIVE: 10 Arizona restaurants make Yelp’s Top 100 Mexican food spots. Located near 75th and Northern avenues, Legacy...

Glendale, AZ · 6d

ABC 15 News

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Downtown Mesa businesses thrive as city keeps vacancy rate below 10 percent, leaders say

MESA, AZ — Businesses are filling up fast in downtown Mesa, according to city leaders who say their downtown sector has more than 500 individual properties. All but 6.9% of them are filled. Keeping that downtown vacancy percentage below 10 percent is important to city developers. Blue Corn Bakery...

Mesa, AZ · 6d

realestatedaily-news.com

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LevRose Commercial Real Estate welcomes Jake Fox as Advisor

SCOTTSDALE, Ariz. (Nov. 6, 2026) – LevRose Commercial Real Estate welcomed Jake Fox as an Advisor, a position in which he will specialize in office properties throughout Metro Phoenix, with a primary focus on the East Valley. Fox represents landlords, tenants, buyers, and sellers, helping clients navigate the market...

Scottsdale, AZ · 5d

realestatedaily-news.com

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AMH Development Completes Arroyo Verde Clubhouse in Buckeye

BUCKEYE, Ariz. (Nov. 4, 2026) — Wespac Construction has completed the Arroyo Verde Clubhouse and Amenity Center for AMH Development, LLC, in Buckeye, Arizona. The new 4,032 SF clubhouse and surrounding recreation areas give residents a central space to gather, exercise and enjoy outdoor amenities. Wespac served as general...

Buckeye, AZ · 7d

azbigmedia.com

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Metro Phoenix housing market shifts deeper into buyer’s territory

The Metro Phoenix housing market continued to favor buyers in October 2026 as inventory increased, home sales slowed and prices edged lower, according to the latest housing market data. With more homes available and fewer properties going under contract, buyers are gaining negotiating power across Greater Phoenix. Meanwhile, sellers face...

Phoenix, AZ · 5d

scottsdale.org

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9 brokerages hold over a third of Arizona agents

Arizona's real estate brokerage industry is dominated numerically by small operations, but more than one-third of the state's active agents are affiliated with just nine enormous firms. That concentration could become increasingly important as the industry debates the future of private property-listing networks, according to an analysis by Cromford Report...

Arizona · 5d

ABC15 Arizona

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5,300-acre West Valley development scales back to focus on homes

A master-planned community in Peoria, originally entitled decades ago for 8,000 homes, golf courses, a resort, and commercial space, is scaling back on its original ambitious plans.

Peoria, AZ · 7d