The ownership team behind the $45 million renovation and enhancement of the Esplanade campus—one of Phoenix’s most prestigious mixed-use office destinations—is pleased to announce its newest partnership with DMK Restaurants as its hospitality and culinary provider. This partnership advances upgrades in progress to four office buildings and the addition of 30,000 square feet of … [More]
Arizona Is Exclusive Initial Market for 1% Down Home Loans by Lender
Zillow Home Loans announced its 1% Down Payment program to allow eligible home buyers to pay as little as 1% down on their next home purchase. This program is initially being offered on properties located in Arizona, with plans to expand to additional markets. With the 1% Down Payment program, borrowers who qualify can now save just 1% to cover their portion of the down payment … [More]
Phase One of $117M Multifamily Development in Opportunity Zone Breaks Ground in Phoenix
Banyan Residential, a Los Angeles-based private real estate investment firm, in partnership with national developer Milhaus, has commenced construction on the first phase of a new 515-unit luxury apartment community in Phoenix, Arizona. Phase one, a $117M development consisting of 320 units, is expected to be complete in Q4 2025. UMB, with syndication by First Merchants and … [More]
Can the Valley of the Sun become Silicon Valley 2.0?
Is Arizona the new Silicon Valley? It certainly could be. A perfect storm of opportunities is brewing with manufacturing, electric vehicles and technologies like artificial intelligence. One missing ingredient is a more widespread investor appetite to go big. But AI could change that and level the playing field, according to one Arizona State University … [More]
Phoenix-Based Co. Launches New Airbnb Specialization Approach for Realtors
At a time when headlines are circulating news of "Airbnb's decline", a new Airbnb-focused educational brand, Property Alpha, remains bullish about the future of short-term rentals and is betting big on its co-founder's ability to help others replicate his success as an Airbnb Realtor. Property Alpha launched "Airbnb Realtor Mastery" to help realtors boost … [More]
Property Manager Selected for Retail Component of Arizona’s Largest Urban Commercial Development
Vestar, one of the leading privately held shopping center owners and managers in the western United States, announced that they have been selected as the primary property manager for the hospitality district within Novus Innovation Corridor, ‘Novus’. The groundbreaking 355-acre project is redefining urban mixed-use developments, creating a fully walkable, sustainable … [More]
