Finance - Phoenix
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CAI Investments Secures $87M for Arizona Hotel
The 18-story, 290-key Westin in downtown Tempe is slated to open in the second quarter of 2021.
23 August 2019 12:11 -
Hammes Partners Pays $409 Per SQFT for AZ Medical Building
Spectrum Medical Commons, developed by Irgens in 2017, is adjacent to Mercy Gilbert Medical Center. JLL brokered the $17.8 million transaction.
28 June 2019 19:21 -
Exeter Property Group Buys Phoenix Industrial Asset
The company acquired a 123,754 square-foot warehouse in the Southwest Valley submarket. DAUM Commercial represented both buyer and seller in the off-market transaction.
17 June 2019 14:17 -
FCP Sponsors $12M Opportunity Zone Industrial Deal
Baker Development Corp. will build the 325,000-square-foot property in the Phoenix suburb of Goodyear. Fintech platform EquityMultiple raised $2.4 million from its accredited investors for the transaction.
06 June 2019 13:03 -
Fenway Capital, Iron Point Buy $25M Phoenix Office Property
The new owners are set to invest more than $7 million in capital and tenant improvements. CBRE's Capital Markets secured an acquisition loan through CapitalSource.
08 October 2018 12:25 -
George Smith Partners Assembles $106M for Spec Project in Phoenix
The 250,000-square-foot Class A office tower, along with 44,000 square feet of lifestyle retail, is part of The Watermark Tempe, a mixed-use project that Fenix Development is undertaking in Tempe, Ariz.
01 October 2018 12:38 -
HALL Structured Finance Arranges Loan for AZ Hotel Redevelopment
The owner is set to transform the 32-key CopperWynd Resort into a 177-key luxury hotel that will operate under the Marriott Autograph Collection flag.
14 September 2018 10:57 -
Westwood Financial Acquires AZ, GA Retail Centers
In a deal totaling $66.2 million, the company bought Boardwalk at Andersen Springs in Chandler, Ariz., and Decatur Crossing in Decatur, Ga. HFF arranged the financing for both purchases.
22 May 2018 12:17 -
Scottsdale Plaza Resort in AZ Receives $64M Refinancing
The property’s owners will use the proceeds to retire an existing $57.2 million CMBS loan from JPMorgan Chase, which they secured in 2006.
04 May 2018 17:25 -
Hunt Mortgage Group Names New VP
With more than 15 years of industry experience, Anthony Valenzuela—specializing in Fannie Mae and Freddie Mac loans—will work from the firm’s Phoenix office.
10 April 2018 13:28 -
HFF Closes $28M Loan for Phoenix Apartments
Built in 1998, San Palmas at Mission Park features more than 200,000 rentable square feet. Continental Realty Advisors bought the property for $43 million.
21 March 2018 09:53 -
IAC Acquires Phoenix Industrial Asset
A Kidder Matthews team led by Mike Ciosek, Eric Bell and Dylan Scott negotiated the deal for the 50,000-square-foot building.
07 March 2018 17:23 -
INCA Acquires Arizona Lending Firm, Appoints VP
In his new role at INCA, Phil Sollomi, the principal & founder of Scottsdale Private Lending, will oversee loan origination and underwriting.
12 February 2018 18:20 -
Office-Industrial AZ Portfolio Lands $86M
Working on behalf of Globe Corp., Walker & Dunlop structured three long-term, fixed-rate loans for four properties in Phoenix, Scottsdale and Tempe, Ariz.
18 December 2017 16:22 -
Scottsdale Office Complex Trades for $53M
Equus and iStar have acquired the asset with a $42.6 million loan provided by Mesa West Capital. The office building marks the joint venture’s second acquisition in Scottsdale.
23 October 2017 15:52