NAI Horizon Represents Rancho/Hayden, LLC in Sale of Mercado del Lago, a ±61,319-SF Iconic Mixed-Use Property for $8,882,000

Mercado del Lago, a mixed use (retail & office) development located west of the Loop 101, at 8300-8320 N Hayden Road, Scottsdale, Arizona has been sold for $8,882,000 million. This ±61,319 SF property in an excellent location in the heart of McCormick Ranch is situated on picturesque Lake Margherite along the Indian Bend Wash Greenbelt…

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GPE’s Alexandra Loye & Dominic M. Perry, CCIM, Represent L.I.F.E. in Long-Term Lease of Former Rancho Solano School in Gilbert, Ariz.

GPE Commercial Advisors, one of the oldest privately owned commercial real estate firms in Arizona, secured a long term lease of the former Rancho Solano School at 1305 South Gilbert Road in Gilbert, Arizona. The building is approximately 30,000 SF and sits on 9.39 acres. The new campus allows Lauren’s Institute for Education (L.I.F.E.), a…

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MMD REALTY CLOSES DEAL ON EASTHAM CAPITAL RELOCATION

When Matthew Rosenthal and Eric Silverman, Founders and Managing Directors of Eastham Capital, decided to relocate their private equity firm from Needham, Massachusetts, to Boca Raton, Florida, they chose the Realtor representing the seller from whom Rosenthal bought his home to broker the commercial deal. Michelle Farber Ross, Managing Partner of MMD Realty, met Rosenthal…

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Ryley Carlock & Applewhite Selects New Managing Shareholder James E. Brophy, III

Ryley Carlock & Applewhite is pleased to announce that James E. Brophy, III has been elected as the firm’s new Managing Shareholder starting September 1. Jim succeeds long-time leader Rodolfo “Rudy” Parga Jr., who has served as Managing Shareholder since 2007—the second longest tenure for the role in the firm’s 67-year history. “I am honored…

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Walker & Dunlop Closes $465M Financing for New Senior Investment Group, Inc.

Walker & Dunlop, Inc. (NYSE: WD) (the “Company”) announced today it originated 28 loans totaling $464,680,000, secured by a portfolio of 28 independent living properties acquired by New Senior Investment Group, Inc. (the “Sponsor”). Vice Presidents Russell Dey and Laura Beaton led the Walker & Dunlop team that closed the portfolio. The properties are located…

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Sun State Builders Announces Ground Breaking of the First Industrial 94th Avenue Project in Tolleson, Ariz.

Sun State Builders is proud to announce we have broken ground on the First Industrial project in Tolleson, Ariz. The 386,100-square foot cross dock distribution facility situated on 21.2 Acres will be complete by December of this year and will serve as the new home of Mattress Firm and other tenants. The Class A building…

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