News
ICON Real Estate Advisors Arranges $19. 35 M Sale of Long Branch Multifamily and Retail Asset
2+ hour, 23+ min ago (170+ words) Yield PRO ICON Real Estate Advisors has arranged the $19. 35 million sale of The Pavilion, a newly constructed 46-unit multifamily building located at 165 Pavilion Avenue in Long Branch, New Jersey, and an adjacent retail property at 231 Third Avenue. The transaction included…...
Keystone Homes Refinances Arizona Multifamily Build-to-Rent Community with $30 M in Fannie Mae Cash-Out Funds
5+ day, 30+ min ago (97+ words) Yield PRO Keystone Homes has obtained $30 mil in Fannie Mae cash-out financing for The Havenly Superstition, a 166-unit horizontal apartment/cottage-style build-to-rent (BTR) community located in Apache Junction, AZ. The financing was arranged by Senior Managing Director Scott Holland, Senior…...
Milburn & Company Acquires Luxury 339-Unit Multifamily Community Ascend at Longbow Highpoint in Mesa
1+ week, 3+ day ago (186+ words) Yield PRO D. R. Horton offloaded Ascend at Longbow Highpoint, a 339-unit multifamily community in Mesa, Arizona. Millburn & Company acquired the community. CBRE's Matt Pesch, Asher Gunter and Austin Groen represented D. R. Horton in the transaction. CBRE's Debt & Structured Finance practice also arranged…...
Construction Expected to be Complete on 229-Unit Tempe Apartments Cabana Kyrene in September 2026
2+ week, 6+ day ago (154+ words) Yield PRO Construction is expected to wrap up in September on Cabana Kyrene, a 229-unit multifamily project by Greenlight Communities. The project will be situated at the southwest corner of West Guadalupe and South Kyrene roads in Tempe. It is…...
Investcor to Break Ground on Mojave Sage a New Luxury Senior Living Community in Queen Creek Arizona
3+ week, 1+ hour ago (119+ words) Yield PRO "Mojave Sage reflects our continued focus on delivering high-quality senior living communities in markets where demand is strong and growing," said Investcor Principal Partner Tylere Brennan. The project is designed by Komo Architecture, while KBE Building Corporation will…...
Ulysses Development Group with Governor Hobbs and Partners Celebrate the Groundbreaking of Salt River Flats 2 in Phoenix
3+ week, 5+ day ago (279+ words) Ulysses Development Group (UDG) continues to expand its impact in Arizona with the groundbreaking of Salt River Flats 2, a new affordable housing community located at 4027 S. 13th Street in Phoenix. The project, celebrated today with Governor Katie Hobbs and other partners, will…...
Institutional Property Advisors Brokers $45 M Sale of Suburban Phoenix Build-to-Rent Multifamily Asset Grandstone at Sunrise
3+ week, 5+ day ago (318+ words) Grandstone at Sunrise'Yield PRO Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Grandstone at Sunrise, a 140-unit build-to-rent housing property in Peoria, Arizona. The $45. 85 million…...
Empire Group of Companies Advancing Plans for Mixed-Use Development to be State's Tallest Tower
1+ mon, 1+ hour ago (48+ words) Yield PRO Diversified Partners is leading leasing efforts for the project's retail. The project is expected to be permit-ready by the end of 2026, with an anticipated three-year construction timeline....
Institutional Property Advisors Closes Tucson Multifamily Asset Sale Brookwood
2+ mon, 1+ week ago (143+ words) Yield PRO Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company's institutional clients, announced the sale of Brookwood, a 272-unit multifamily property in Tucson, Arizona. Built in 1973, Brookwood has a unit mix of one…...