Second Mesa
Second Mesa, AZ · Real Estate
azbigmedia.com
Phoenix home values fall as mortgage rates squeeze buyers
The Zillow® September Market Report shows Phoenix home values declining, sales slowing and inventory increasing as elevated mortgage rates continue to challenge affordability. Phoenix’s housing market continued to cool in September as home values declined, sales slowed and inventory increased, according to Zillow’s latest market report. The...
htrends.com
Hospitality Asset Managers Association Members Cite Demand, Wages and Labor Concerns in Industry Outlook Survey
HAMA released its Fall 2026 Industry Outlook Survey results, based on responses from 72 asset managers during its 2026 Annual Fall Meeting in Scottsdale, Arizona. The Hospitality Asset Managers Association released its Fall 2026 Industry Outlook Survey results at its 2026 Annual Fall Meeting in Scottsdale, Arizona. The semiannual report reflected the opinions, experiences and predictions of 72 HAMA asset managers, representing approximately one-third of the association’s membership.
azbex.com
Commercial Real Estate 10-13-26
1. Filings with the Securities and Exchange Commission show Braemar Hotels & Resorts has agreed to sell The Four Seasons Resort Scottsdale at Troon North to Evergreen Acquisitions LLC for $372M. Braemar has undertaken a campaign to sell assets, improve its balance sheet and transition into a real estate investment trust under self-management. The transaction is scheduled to close Oct. 22.
azbigmedia.com
VanTrust starts construction on Phase II at VT101 in Glendale
VanTrust Real Estate announced today the start of construction of Phase II at VT101, located at 6091 N Ballpark Boulevard, adjacent to Glendale’s vibrant sports and entertainment district. The third building at VT101 is a state-of-the-art facility to one of the most sought-after business corridors in the Valley. DEEPER...
azbigmedia.com
JLL arranges $718.2 million of financing for Project Pegasus industrial portfolio
JLL Capital Markets announced today it has arranged $718.2 million in financing for Project Pegasus Industrial Portfolio, a 52-property shallow bay industrial portfolio totaling 5.2 million square feet strategically positioned across infill submarkets throughout the Phoenix metropolitan area. JLL worked on behalf of the borrower, affiliates of Equus Capital Partners...
arizonafoothillsmagazine.com
New Luxury Community in Peoria to Debut in December
Scottsdale-based homebuilder Camelot Homes is bringing a new collection to the West Valley with Long Canyon Reserve, a 19-home community planned within Castle Hill Partners’ Saddleback development in Peoria. Located within a gated portion of the 5,300-acre development, Long Canyon Reserve will feature homes with views of the surrounding...
commongoodnews.org
Habitat for Humanity Takes Its Starter Home Model to Rural Northern Arizona
Across northern Arizona, the dream of homeownership feels out of reach for many working families — not just in high-cost cities, but in small rural towns where wages are low and housing options are scarce. Habitat for Humanity of Northern Arizona is working to change that, expanding a starter home initiative into communities that have long struggled to house their own essential workers.
Ahwatukee Foothills News
Upper Canyon brings new home opportunities to Ahwatukee
A major new residential development is taking shape in the Foothills, bringing something Ahwatukee has not seen much of in recent years: a large selection of new homes within an established community. Upper Canyon, a master-planned, gated community along Chandler Boulevard between 19th and 27th avenues, is planned for approximately...
ABC15 Arizona
Top cities for snowbirds coming to Arizona
bestattractions.org
From sunken gardens to an empty office tower: the Arizona Center shopping mall in Phoenix, AZ
A parade with marching bands opened Arizona Center in downtown Phoenix, Arizona, in 1990. At its heart lay 3 acres of sunken gardens, with date palms, grottoes, and copper frogs that gave off mist. Diners ate upstairs under zigzag skylights. That food court is long gone, turned into an architecture...
azbex.com
Industry Professionals 10-13-26
1. The Rosendin Foundation awarded $2.86M in 2026 grants to 157 nonprofits serving communities across 12 states and nationwide. Grants ranging from $5K to $100K support four health pillars: emotional health, nutritional health, occupational health and whole health. Arizona beneficiaries included Heavy Metal Summer Experience, which received $49.7K to introduce teenagers nationwide to skilled trades careers, and $90K to 100 Club of Arizona for firefighter decontamination systems.
hoodline.com
Dominium Pays $11M for Avondale Land, Plans 291 Affordable Rental Townhomes
A Minnesota-based affordable housing developer has closed on 25.86 acres in Avondale for $11 million, setting up a 291-unit build-to-rent community aimed squarely at working families priced out of the metro Phoenix housing market. Dominium plans to develop the project, called Rosilian Villas, with completion expected in 2029. The land...