Vertical Design Studios announces addition of Patricia Flower, project architect

Vertical Design Studios, Phoenix, announced Patricia (Trish) Flower has joined the firm as a project architect. She is a licensed architect and a LEED accredited professional with over 26 years in commercial architecture. In this role, Flower will work with retail developer clients in design, entitlements, CD production and construction administration. Flower brings more than…

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Walker & Dunlop & TSB Capital Advisors Originate $50M Loan for Chicago Multifamily Project

Walker & Dunlop, Inc. (NYSE: WD) (the “Company”) announced it recently closed a $50,000,000 loan for Greenwood Capital Investment’s refinancing of Autumn Chase Apartments, a 550 unit property located in Hoffman Estates, Illinois. The borrower plans to use a portion of the proceeds toward future multifamily development opportunities. This cash-out refinancing transaction was underwritten with…

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Sun State Builders Announces Completion of the New CorLiving Distribution Warehouse in Tolleson, Ariz.

Sun State Builders (SSB) is proud to announce the completion of a new 100K-SF warehouse for CorLiving Distribution LLC. in Tolleson, Ariz. The end user client, CorLiving, is based out of Surrey, British Columbia. The facility features concrete tilt construction, 30 ft. clear height, ESFR sprinkler system, (16) 48” truck docks with pit levelers. The…

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West Coast Commercial negotiates purchase of 12,500-SF industrial building at 4822 S. 40th Street, Phoenix

Todd Lytel, West Coast Commercial, a Commercial Real Estate Development company, recently negotiated the purchase of a 12,500-square-foot industrial building located at 4822 S. 40th Street, Phoenix. West Coast Commercial has acquired more than 15 commercial industrial, retail and office properties located throughout Phoenix; and, “we are currently in different phases of acquisition, redevelopment, leasing,…

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GPE Commercial Advisors Secures the Sale of a 36,361 SF Church & School Complex in Glendale, Ariz.

GPE Commercial Advisors, an award winning commercial real estate firm in Arizona, secured the sale of a 36,361 SF church and school complex located at 8807 North 61st Avenue, in Glendale, Arizona. World Mission Society Church of God purchased the property for $1,540,000. Senior Vice President, Bret Isbell represented the Seller, Covenant Christian Fellowship Church…

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Colliers International HSK Multifamily Team closes Sonoma Grand Apartments

Solano Terrace LLC in Phoenix (Zev Hendeles, principal) paid $12.25 million ($42,535 per unit) to buy the 288-unit Sonoma Grand apartments located at 4715 N. Black Canyon Highway in Phoenix. The seller was Ridge Apartments LLLP, a limited partnership formed by Mentor Properties Inc. in Scottsdale (Cal DeSouza, Frank DeSouza, principals). The deal was brokered…

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