Park Senior Villas - Chandler, the newest senior living community among Park Senior Villas’ Arizona locations, is expanding its campus five years after its 2020 opening. Following significant occupancy growth, the community is breaking ground on an expansion that will add three new buildings to its campus, reflecting the strong demand for personalized senior care. Park Senior … [More]

Alice Blakely with The Brokery is now handling sales for Phase One of Soleil, a new 20-unit modern townhome community located at 3rd Street and Windsor in Midtown Phoenix. Soleil is the first residential townhome development from architect developers John Labahn of Lab Design Collaborative and Chicago-based architect, Erik Johnson. The 2,097-2,359 square-foot four-story units … [More]

Evergreen Devco, Inc., a retail, multifamily, and industrial real estate development company, announced that it has broken ground on The Homestead at Lehi, a new 222-unit multifamily community located at 2261 E. McDowell Road in Mesa, Arizona. The three-story garden-style property will feature spacious one- and two-bedroom units averaging 922 square feet, designed to meet the … [More]

KB Home, one of the largest homebuilders in the U.S., announced the grand opening of Skyline Village Prelude, a new community situated in desirable San Tan Valley, Arizona, which provides the perfect blend of small-town charm, outdoor adventure and picturesque desert landscapes. The new homes are designed for the way people live today, with popular features like modern kitchens … [More]

High Street Residential, the residential subsidiary of Trammell Crow Company, and joint venture partners Mar-Gulf Management Inc. and MDI Capital, LLC, the international real estate subsidiaries of Kuwait Financial Centre, have broken ground on Union Park Residences in Phoenix’s Norterra master-planned development. The 308-unit, four-story, Class A community will sit on 8 acres … [More]

Thompson Thrift, in partnership with Forest Creek Ventures, announced that construction has begun on a 56,000-square-foot second phase of Southbridge Marketplace in the city of Maricopa, with shell completion estimated by the end of 2026. ALDI will anchor the second phase and is expected to open in early 2027. "Southbridge Marketplace is helping shape Maricopa's next chapter … [More]

Vestar, one of the leading privately held shopping center owners and managers in the western United States, announced the completion of Queen Creek Crossing, a 31-acre retail development that broke ground in 2022. Anchored by Costco, Queen Creek Crossing spans more than 400,000 square feet of dynamic retail and dining. The center is 100% leased, including major national and … [More]

Diversified Partners, a real estate brokerage and development firm, has announced plans for East Gate Plaza, a new $60 million retail destination located at the northeast corner of Elliot and Ellsworth roads in Mesa, Arizona. Spanning approximately 17 acres, East Gate Plaza is designed to meet growing demand for high-quality retail, dining and wellness experiences in the … [More]

Texas-based real estate developer, SSS Partners, LLC recently closed on $183 million in financing and will immediately resume construction on its plans for a private academy, multi-sport arena and hotel located at I-17 and Sonoran Desert Drive, adjacent to TSMC. SSS Partners acquired the project that was approximately 50% complete in 2023. With construction now underway, the … [More]

KB Home, one of the largest homebuilders in the U.S., announced the grand opening of Mesquite, a new neighborhood of single-story homes within the highly anticipated Teravalis community. The new master plan is located between the stunning High Sonoran Desert landscapes of the White Tank and Belmont Mountains in Buckeye, Arizona, a growing city that offers the perfect blend of … [More]

LGE Design Build, an architecture, engineering and construction firm headquartered in Phoenix and Dallas, has officially launched operations in Florida with the opening of its new East Coast office in Tampa. Located at 442 W. Kennedy Blvd., the Tampa office marks a significant milestone in LGE’s strategic national expansion into high-growth markets. The firm enters Florida … [More]

Dominium, a leading national affordable housing owner, developer and manager, is holding grand openings for 857 units in Goodyear and Marana. Local and state elected officials joined in the festivities for Estrella Springs, 396 units of affordable apartment homes for families, and the adjacent Suncrest Vista, 261 units of affordable senior apartment homes, in Goodyear on … [More]

Institutional Property Advisors, a division of Marcus & Millichap dedicated to serving the company’s institutional clients, announced the sale of The Quincy at Kierland, a 266-unit multifamily community in Phoenix, Arizona. The $110.25 million sales price equates to $414,474 per unit. “The Quincy at Kierland is one of only six post-2020 constructed assets of 100 units or … [More]

Five Star Development, LLC and affiliated entities , including those developing The Palmeraie, announced that it has filed voluntary petitions for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. The filing is intended to create a clear, court-supervised path toward completing The Ritz-Carlton Paradise Valley, The Palmeraie—a 122-acre … [More]

Mark-Taylor Residential, the region’s longest-standing investment manager, developer and owner of Class-A communities, expands their portfolio with three additional luxury-living inspired communities in the East Valley. “Each one of our communities in the East Valley and neighboring areas were thoughtfully designed to help residents feel like they are living a luxurious, … [More]

With Buckeye ranking among the fastest-growing cities in the country and housing demand continuing to outpace supply, Cavan Companies has opened The Bungalows at Sundance, a new build-to-rent community offering detached single- and two-story homes now open for tours and leasing. Located in the heart of Buckeye’s rapidly expanding west-side corridor, The Bungalows at … [More]

In a strategic move to enhance its leasing strategy, YAM Properties has selected Phoenix-based retail brokerage specialist Western Retail Advisors as the new leasing team for Westgate Entertainment District. The collaboration combines YAM’s ownership and management vision with WRA’s deep network and market reach to reimagine the leasing potential of Westgate, the West Valley’s … [More]

Full-service commercial real estate firm Lincoln Property Company announced the purchase of a 191,000-square-foot, partially occupied data center in Chandler, Arizona. The company plans to build out the facility’s vacant shell space, delivering new turnkey data center inventory and making cooling system improvements that could save millions of gallons of water monthly. The … [More]