Metro PHX May Stats
Stats from Arizona Multiple Listing Service indicate a 21.5% decrease in new listings in metro Phoenix. However it’s not all bad, as the median price for new listings has gone up 7.1%. Check out this report from ARMLS.
Phoenix
JLL arranges $185.63M financing for Phoenix-area multi-housing properties
REAL ESTATE | 9 Jun | MICHAEL GOSSIE JLL Capital Markets announced today that it has arranged a refinancing totaling $185.63 million for a 1,439-unit portfolio of five multi-housing properties in and around Phoenix, Arizona. JLL worked on behalf of the borrower, a partnership between Wealhouse Capital Management and Western Wealth Capital, to secure five, seven-year, floating-rate non-recourse loans … Read more