Developer Enters Arizona Market with Large Opportunity Zone Project in Tempe

by Mike Hunter Milhaus, a national award-winning developer, owner and operator of Class-A multifamily properties, is expanding into Arizona with one of the company’s largest developments to date: Milhaus North Tempe. As this April edition goes to press, groundbreaking is imminent on the $91-million first phase of this planned two-phase development project by Milhaus in … Read more

Container homes debut in Tempe

SANTAN SUN NEWS STAFF A development comprising shipping containers turned into homes debuted earlier this month in Tempe near the main Arizona State University campus. FREIGHT Tempe is billed as “a modern, sustainable multifamily project” with one-bedroom and studio units that is the first of its kind in the city. “I have always loved great … Read more

Best Arizona real estate markets in 2021

The real estate market in the US was challenging in 2020. We witnessed unexpected events such as the global pandemic and the stormy presidential election. These things brought about a period in which we weren’t sure what would happen with economics. However, things are looking different this year. Researches show that we’ll see an 8% … Read more

$177M Milhaus North Tempe will break ground in Opportunity Zone

AZRE Milhaus, a national award-winning developer, owner and operator of Class-A multifamily properties, announced its expansion into Arizona with Milhaus North Tempe, one of the company’s largest developments to date. The $91 million first phase of this planned two-phase $177 million development project, in a partnership with Los Angeles based development firm Banyan Residential, will … Read more

McCarthy completes Mirabella at ASU

 AZRE McCarthy Building Companies recently completed Mirabella at ASU, a first-of-its-kind intergenerational community for older adults, on the campus of Arizona State University in Tempe, Ariz. Founding members are moving into the 20-story residence in phases now through the spring. Mirabella at ASU is the culmination of an innovative partnership between Pacific Retirement Services, Arizona State University and … Read more

Single-family, for-rent development proposed in Chandler

By Mike Sunnucks | Rose Law Group Reporter The Chandler City Council will consider rezoning 12.87 acres of undeveloped farmland for a planned single-family, for-rent subdivision. The Elux at McQueen development is proposed for the southeast corner of McQueen Road and the Loop 202 freeway. Snowdon McQueen LLC (Snowdon Partners) is proposing the development and … Read more

Tempe Developments Arise from Insight Sale

By ViaWest Group and Colliers International  ViaWest Group of Phoenix has purchased three real estate assets in Tempe from Insight Enterprises, Inc. for $26.85M. The portfolio includes Insight’s corporate headquarters building situated on a 19-acre site at 6280 S. Harl Avenue. ViaWest plans to replace the building and re-develop the property into a Class A industrial park. Insight has purchased a building in Chandler … Read more

10 cheapest places to live in Arizona

REAL ESTATE | RENT.COM Arizona also home to two popular universities, multiple national parks (ever heard of the Grand Canyon?) and thriving cities with plenty of opportunities. And did we mention the weather? That hot desert climate means plenty of sunshine and shorts all year-round. With so much to offer, the cheapest places to live in Arizona consist of … Read more

Chandler To Vote On New Rental Homes

By Mike Sunnucks | Rose Law Group Reporter The Chandler City Council is scheduled to vote Thursday, Dec. 10, on rezoning 8.99 acres at the southeast corner of Riggs and Gilbert Roads for a proposed “attached rental home” development with duplex and triplex buildings. Truvista Development is proposing the 108-unit rental home development. Scottsdale-based Truvista … Read more

Newly built Riata project in Chandler sold for $91M

BRE announced the sale of the 300-unit Class A multifamily community Riata to EPI LP for $91 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch, and Mark McFate of Phoenix Multifamily Institutional Properties represented the seller, San Antonio, Texas-based real estate developer Embrey Partners. Martin Cohan of Marcus and Millichap and Cliff David of IPA represented the buyer. Built … Read more