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Despite rising prices, institutional investors continue to buy single-family rentals. The share of single-family homes bought by investors stopped shrinking in 2016, after getting smaller for years.…»
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Irvine, California-based Crown Realty & Development bought a 44th Street office building in Phoenix from Van Trust Real Estate LLC for $40.4 million. The Four Gateway building at 444 N. 44th St., near Van Buren Street, is occupied by CVS and was previously home to State Farm offices.…»
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Big sprawling suburban land deals – a hallmark of Arizona’s real estate market – could be coming back. Phoenix-based El Dorado Holdings Inc. bought more than 1,100 acres in Pinal County for $38.4 million…»
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Construction during the current real estate cycle has generally stayed below historical trends, but deliveries have increased as the cycle matures, prompting a look at whether markets are becoming overbuilt.…»
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Security Properties Inc. in Seattle, Wa. (David Dufenhorst, CEO) and partner Aetna Health and Life Insurance Co. in Hartford, Ct. have teamed up to buy the 432-unit Arches at Hidden Creek apartments in Chandler…»
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