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December 14, 2025
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TEXAS/SOUTHWEST NEWS
Archive
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• InTrust Property Group Buys 377-Unit Multifamily Property in Mesa, AZ
11/07/25
InTrust Property Group has acquired Coral Point Apartments, a 377-unit multifamily community located at 2343 West Main Street in Mesa, AZ. The deal was financed with a loan of $45.6 mil for the acquisition and renovation of t...
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• Newly Constructed Medical Office Building in West Henderson, NV Sells for $580/sf
11/06/25
A 79.1k sf medical office building in West Henderson, NV has traded hands in a $46.1 mil ($582/sf) transaction. The building, located at 1655 E Cactus Ave, is 100% leased. We’re told that deal is the largest medical office tr...
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• AZ Retail Portfolio Lands New Financing of $73 Mil
11/06/25
Chandler Shopping Center Portfolio, a portfolio of two retail centers in the Phoenix Suburb of Chandler, AZ, has been refinanced with a new loan for $73.25 mil. The financing was secured by two mortgages: $51 mil for Chandler...
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• Milburn & Company Pays $330k/Unit for 215-Unit Phoenix Res Asset
11/05/25
Salt Lake City-based Millburn & Company has acquired Alta Biltmore, a 215-unit luxury multifamily community located in the Camelback Corridor submarket of Phoenix. Industry sources suggest the deal closed at about $71 mil, or...
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• Tucson Res Property Trades for $66k/Unit
11/05/25
Santa Cruz River Apartments, a 55-unit multifamily community in Tucson, AZ, sold for $3.62 mil ($65.8k/unit). The property is situated on 1.5 acres at 851 West Ajo Way, along Interstate 19, offering convenient access to downt...
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• Stockdale Capital Partners Closes $110 Mil Multifamily Purchase in Scottsdale, AZ
11/04/25
Stockdale Capital Partners closed on its second multifamily investment in the past 30 days with the acquisition of The Quincy at Kierland, a recently completed, 266-unit luxury midrise multifamily community in Scottsdale, AZ,...
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• Private Investor Buys Two Retail Pad Buildings in Provo, UT
11/04/25
Bulldog Plaza, which comprises two multi-tenant retail pad buildings totaling 13.6k sf at a CVS-anchored shopping center in Provo, UT, was purchased by a 1031 exchange buyer in an off-market transaction. It was sold by Bersho...
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• Karlin Real Estate Buys Two Texas Res Communities
10/31/25
Karlin Real Estate has acquired two multifamily properties in Texas -- Echo, a 274-unit podium community minutes from downtown Austin, and Brady, a 299-unit high-rise in Uptown Dallas. Prices were not disclosed. Located with...
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• Work Gets Underway on 1,400-Acre Master-Planned Community at the Edge of Austin, TX
10/30/25
Starwood Land has seen the start of work on Revelry, a dynamic new 1,400-acre mixed-use master-planned community on the edge of Austin in Travis County. Ideally located just minutes from the Austin-Bergstrom International Air...
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• Arizona Res Community Sells in $20 Mil Deal
10/28/25
Summers Point, a distinctive 164-unit value-add multifamily community located in Glendale, Arizona's rapidly growing West Valley, traded hands in a recent $20 mil ($122k/unit) transaction. The property was sold by Wealhouse C...
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• Harrison Property Purchases 1.6 msf Denver-Area Industrial Portfolio
10/28/25
Harrison Properties recently acquired a 1.6 msf industrial portfolio, which includes 16 buildings across two sites in Denver, CO. We’re told this is the largest industrial transaction on record in Colorado since 2022. The po...
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• Amazon Last Mile Facility in Montana Purchased by New York Exchange Investor
10/27/25
A private 1031 exchange investor from New York purchased a newly constructed, 52.3k sf Amazon-occupied, single-tenant property located within The Foundry, a 200-acre mixed-use master-planned development in Belgrade, Montana. ...
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• Las Vegas Retail Strip Center Sells for $262/sf
10/27/25
A private investor purchased KAKTUSlife Retail, a 21k sf, upscale, unanchored retail strip center in Las Vegas, for $5.5 mil ($262/sf). The property is located at 10620-10680 Dean Martin Dr in the burgeoning Southwest submark...
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• Crescent Communities and Macerich Start Work on 347-Unit Multifamily Project in the Denver Area
10/23/25
Crescent Communities and Macerich have broken ground on NOVEL HiFi, a new 347-unit multifamily community within Flatiron Crossing’s reimagined 25-acre HiFi development in Broomfield, CO. HiFi represents the transformation of ...
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• Las Vegas Res Development Lands New Financing of $63 Mil
10/23/25
Aspire at Redwood, a 302-unit, Class A apartment community in southwest Las Vegas, has been refinanced with a new $63.2 mil permanent loan, taking out the construction financing on the luxury res project. Aspire, located at 6...
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• Conor Commercial Acquires 40 Acres in Phoenix Through Auction Process
10/22/25
Conor Commercial Real Estate, along with their capital partner, Globe Corporation, won the auction for a 40-acre parcel of land at East Deer Valley Drive and North 7th St in Phoenix. The auction took place on September 23 wit...
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• Investor Pays $6 Mil for AZ Single-Tenant, Ground Lease Asset
10/21/25
A single-tenant ground lease property in Tempe was purchased for $6 mil by an Arizona-based investor in an all-cash deal. The property, located at 1160 East University Dr, features a brand-new 15-year corporate absolute tripl...
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• Bell Bank Pays $275/sf for Scottsdale, AZ Office Property
10/21/25
Bell Bank acquired a 37.5k sf office property in Scottsdale, AZ for $10.3 mil, or $275/sf. The building sits on a 112k sf lot at 14631 North Scottsdale Rd, within Scottsdale Airpark. The building is currently 84.5% leased. B...
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• Arizona Seniors Housing Community Gets New Owner
10/20/25
Inspira Arrowhead, a 165-unit seniors housing community in Glendale, AZ, traded hands. Inspira Arrowhead is located on a 14.2-acre site at 20240 N 78th Ave in the prestigious Aspera master-planned development. Completed in ...
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• Phoenix Industrial Buy Financed with Permanent Loan for $33 Mil
10/20/25
A 377k sf, Class A industrial facility on 26 acres in the Phoenix area was purchased by a private investor in a recent acquisition. Although we don’t have the price, we can tell you that the deal was financed with a new $33.1...
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