P.B. Bell Acquires Siena Apartments in Phoenix

P.B. Bell, a leader in multifamily housing development, management and acquisitions, has acquired the Siena apartment community in Phoenix in a joint venture purchase with New York City-based Stonecutter Capital Management LLC. P.B. Bell and Stonecutter Capital Management purchased the 352-unit community from Siena Baseline Partners LLC for just over $31 million.  Cindy and Brad Cooke…

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Carl Wood Joins SimonCRE as Acquisition & Leasing Manager

Commercial real estate developer SimonCRE continues rapid growth with the recent hire of Carl Wood as Acquisition and Leasing Manager to assist with the site selection responsibilities of SimonCRE’s growing portfolio of retail projects. SimonCRE currently has over fifty projects in the pipeline valued at over $100 million, creating thousands of jobs across the country.…

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Hannah Sanders joins AME Landscape for Business Development

AME Landscape Cos. announced today that Hannah Sanders has joined the company as a business development professional. Sanders brings a background of commercial and residential contractor marketing experience. In her role, she will be responsible for building relationships in the commercial construction, focusing on the extensive experience the 300-employee company has in commercial landscape installation.…

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Stiles Promotes Jeff McDonough to Lead Multifamily Real Estate Division

Stiles is pleased to announce the promotion of Jeff McDonough to president of Stiles Residential Group (SRG), the company’s residential development and investment services division. In this new capacity, McDonough manages and directs day-to-day operations of the division, including oversight of project conceptualization and execution. SRG currently has projects in various stages of design and…

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Colliers International Completes the Sales of Multifamily Complex, Adjacent Office Building in Camelback Corridor

Colliers International in Greater Phoenix recently completed two sales for one buyer, Investment Property Associates (IPA) of Grand Haven, Mich. The buyer purchased the 395-unit Sienna Springs apartment complex for $20.5 million and the adjacent Willowick Square office building for $5.9 million, both in Phoenix. Both properties are located on the southwest corner of North…

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NAIOP EXPANDING ITS REACH TO CAPTURE NEW OPPORTUNITIES IN A THRIVING COMMERCIAL REAL ESTATE MARKET

As part of its mission to connect professionals from diverse practices, backgrounds and expertise, NAIOP is expanding its reach in commercial real estate. Known primarily as the industry group for office and industrial professionals, NAIOP is strengthening its brand by including other property types such as retail, multi-family, mixed-use and medical. NAIOP Arizona recently sponsored…

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WOOD PARTNERS BREAKS GROUND ON ALTA FILLMORE, A 230-UNIT COMMUNITY IN DOWNTOWN PHOENIX

Wood Partners, LLC has broken ground on Alta Fillmore, a 4.1-acre multifamily community located on Fillmore Street in the heart of downtown Phoenix that will offer 230 units with superior amenities and high-end finishes in the middle of an incredible array of walkable amenities and employment opportunities. Leasing is expected to begin in the third…

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75th & Peoria Shopping Center, new ownership, renamed Santana Village Crossing & property improvements doubles occupancy

Capital Asset Management (CAM), Phoenix, teamed up with Cottonwood Equity, LLC, based in Salt Lake City, to purchase the 59,839 sq-ft 75th & Peoria Shopping Center located at the southwest corner of Peoria and 75th Ave. With this purchase, CAM and Cottonwood Equity will focus their efforts over the next six months on a considerable…

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ROCHELLE HORN APPOINTED TO CHAPTER REPRESENTATIVE FOR AZ CHAPTER OF NATIONAL KITCHEN & BATH ASSOCIATION

Rochelle Horn, CKD, Designer for Cook Remodeling & Custom Construction, has been named the Chapter Representative for the Arizona Chapter of the National Kitchen & Bath Association (NKBA). As Chapter Representative, Horn is the liaison between the local chapter and the national organization and is responsible for implementing design regulations and requirements on the local…

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