• Issue 2, 2019

    Issue 2, 20190

    Commercial Executive Magazine’s spring issue features Jorge Pérez and Steve Patterson of Related Group on the cover. Read about the renowned “Condo King” and the company’s $500 million commercial real estate impact on the Valley. Our Broker of the Month this issue is Will Strong with Cushman & Wakefield. Other exciting features include Wolverine Builders,

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  • NKF Multifamily Sale of Value-Add Housing Reinforces Asset Type as Top Investment Strategy in Metro Phoenix

    NKF Multifamily Sale of Value-Add Housing Reinforces Asset Type as Top Investment Strategy in Metro Phoenix0

    Phoenix, Ariz. — Newmark Knight Frank Multifamily announces the $22.2 million sale of Cabana at the Pointe, a 180-unit, garden-style community located at 1829 East Morten Avenue in central Phoenix. According to Preqin, value-add multifamily housing had a massive surge in investor fundraising last year, nationally. 2018 was a record-setting year for real estate investors,

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  • Urban Core Phoenix Apartment Complex Sold by IPA for $52 Million

    Urban Core Phoenix Apartment Complex Sold by IPA for $52 Million0

    Phoenix, Ariz. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Alta Midtown, a 225-unit apartment complex in Midtown Phoenix. The property sold for $52 million, which equates to $231,111 per unit. “Alta Midtown satisfies the demand of young urban professionals for highly amenitized transit-oriented apartment

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  • JLL to Acquire HFF in $2 Billion Deal

    JLL to Acquire HFF in $2 Billion Deal0

    HFF capabilities will significantly bolster JLL’s full-service Capital Markets business. Combination will create an industry-leading Capital Markets platform. Chicago and Dallas – Jones Lang LaSalle Incorporated (NYSE: JLL) and HFF, Inc. (NYSE: HF) today announced that they have entered into a definitive agreement under which JLL will acquire all the outstanding shares of HFF in

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  • Phoenix Among Top Targets for Commercial Real Estate Investment in 2019

    Phoenix Among Top Targets for Commercial Real Estate Investment in 20190

    Phoenix, Ariz. — A recent survey of commercial real estate investors ranked Phoenix as a top 10 target among Americas metros. Phoenix jumped two spots to #9 in CBRE’s 2019 Americas Investor Intentions Survey. The survey, which covers all asset types, found that, in 2019, more investors are prioritizing secondary markets that can offer greater

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  • Colliers International in Arizona Announces 2018 Top Producers

    Colliers International in Arizona Announces 2018 Top Producers0

    Phoenix, Ariz. – Colliers International in Arizona has announced its 2018 Top Producers.  The field of men and women represent a wide variety of real estate categories. “Our office posted a very strong 2018,” says Bob Mulhern, senior managing director of Colliers International in Arizona.  “The Arizona market enjoyed robust activity during what proved to

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