News

Apartment Rents Forecast to Rise Across All 50 Major Markets

October 15, 2026

Apartment rents are expected to rise in all 50 major markets RealPage tracks over the coming year, even as a weakening job market tests demand and another 320,000 units enter the market. For investors, the Read More

Trammell Crow Residential eyes Kierland office conversion as Florida-based owner exits project

October 15, 2026

A multifamily developer wants to take over a proposed office-to-apartment conversion project near Kierland, according to planning documents submitted to the city of Phoenix. Trammell Crow Residential⁠ filed Read More

Downtown Chandler to get its tallest building at long-vacant lot

October 15, 2026

After nearly 10 years of delays, Chandler's last vacant corner in the heart of downtown will be transformed into a two-tower apartment complex that includes what could be downtown's tallest building. The Read More

Office leasing sees selective recovery

October 15, 2026

Office leasing has bounced back substantially over the past year, but structural demand and supply issues are weighing on deal sizes, making it difficult for volume to fully recover its customary Read More

Phoenix office market shows uneven recovery signs, report shows

October 15, 2026

Marcus & Millichap has published its Q4 2026 Phoenix Metro Area Office report, which shows the Phoenix office recovery is contained to select submarkets and property segments.  “Phoenix is not Read More

Four Seasons Resort Scottsdale will sell for $372 million

October 14, 2026

Scottsdale’s luxury hospitality market is seeing another major transaction as the Four Seasons Resort Scottsdale at Troon North is under contract to sell for $372 million, following the recent sale of the Read More

Historic downtown Phoenix offices to become hotels

October 14, 2026

A century-old downtown Phoenix office building will get a new life as a hotel, after it was purchased by a hospitality developer. Aperture Hotels bought the Ellis Building, a six-story office building at Read More

3 Major Hotel Projects Advancing in Phoenix

October 14, 2026

Maintaining its status as one of the top hospitality development markets in the country, three major hotel projects have recently come to light or made progress in the Phoenix area. A July report Read More

Pickleball Chain Files Chapter 11 following Rapid Expansion into Arizona

October 14, 2026

The Picklr announced it has filed for a court-supervised restructuring under Chapter 11 to strengthen its financial foundation. In an October 10 statement, the indoor pickleball franchisor said its clubs Read More

Affordable housing developer scoops up land near Phoenix for build-to-rent project

October 14, 2026

Developer Dominium is planning a build-to-rent project in Avondale, Arizona, as it works to keep up with growth across greater Phoenix. The affordable housing developer, with headquarters in Read More

Multifamily Fundamentals Strengthen as Supply Pressure Eases

October 13, 2026

The national apartment market continues to improve, with the vacancy rate falling to its lowest level as renter demand outpaces new supply, according to Cushman & Wakefield’s third-quarter report.  National Read More

Arizona prepares for more than 90,000 housing units as state land auctions surge

October 13, 2026

Recent sales and zoning actions involving state trust land have created a pipeline for more than 90,000 housing units in Arizona.
Between fiscal 2023 and fiscal 2026, the Arizona State Read More

First office-to-apartments ‘flip’ hits Scottsdale

October 13, 2026

Unlike most fictional detectives, critic Peter Haining notes, Georges Simenon’s Maigret “relies on his intuition and unique facilities of perception.” The French puzzle solver might puff a few pipes while cutting Read More

Monthly apartment rent growth slips in September despite improving market conditions nationally

October 13, 2026

U.S. apartment rents recorded a modest decline in September, continuing the seasonal slowdown that typically emerges after the peak summer leasing season. Despite weaker monthly performance Read More

Vacant site along SR 51 proposed for apartments | Exclusive

October 13, 2026

A long-vacant site at 18th Street and Indian School Road could become a 76-unit apartment complex with small commercial space. Jason Morris, a zoning attorney representing the developer, Scottsdale- Read More

Top 10 Markets for Multifamily Transactions in H1 2026

October 12, 2026

Multifamily sales volume was nearly unchanged nationwide in the first half of 2026, but the flat headline concealed a substantial shift in where capital landed. Sales totaled $41.1 billion, down just 0.3 Read More

192-unit Phoenix affordable housing project starts construction

October 12, 2026

A Valley nonprofit is beginning construction on an affordable housing project on land it purchased from a school district, a plan its leaders say could inject cash into school districts while Read More

Logistics Company Buys Land For 1.2M SF Phoenix Industrial Park

October 12, 2026

Chicago-based developer has bought 76 acres in Phoenix's Southwest Valley for a planned 1.2M SF industrial campus. Logistics Property Co., or LogiPropCo, plans to break ground on Sonoran Logistics Read More

Owner Seeking Zoning Modifications for Halo Vista

October 12, 2026

Following several months of planning and stakeholder meetings, owner Mack Real Estate Group’s application to amend the Planned Unit Development zoning for 3,721.6 acres in the Halo Vista master plan Read More

Larger Properties Lag as CRE Prices Approach a Floor

October 12, 2026

Commercial real estate prices are approaching a floor, but larger properties are still losing ground—a divide that makes the market's apparent stability a better starting point for investors than evidence Read More