Scottsdale
REAL ESTATE
Metro Phoenix's West Valley building boom spurred by TSMC, Amkor means thousands more houses
The West Valley is the hottest spot for homebuilding in metro Phoenix, and the huge expansions of the Taiwan Semiconductor Manufacturing Co. and Amkor Technology will spur thousands more new homes in the already growing area. The two big firms are expected to add at least 8,000 jobs in the northwest Valley and that doesn’t include new jobs created by their many suppliers. Many people are moving to the Phoenix area for well-paid positions, and they need homes. ...
26-story multi-family residential building coming to downtown Phoenix after financing secured
PHOENIX — Ray Phoenix, a 26-story multi-family residential building, is coming to downtown Phoenix. JLL Capital Markets, a global provider of capital solutions for real estate investors and occupiers, has arranged $120 million in construction financing for the project. JLL worked on behalf of the borrower, VeLa Development Partners...
KLMR Homes announces new Ridgeline Model in Fountain Hills development
KLMR Homes, a Scottsdale-based homebuilder, has announced the opening of its new Ridgeline Model at Bellos at The Summit in Fountain Hills. The home is now available for tours and is located at 14834 E. Valley Vista Drive in Fountain Hills. Three homes at Bellos at The Summit have sold...
Schnitzer Properties breaks ground on Class A multi-tenant industrial property
PHOENIX, June 27, 2024 – On behalf of Portland-based Schnitzer Properties, JLL today announced the start of construction on Palm Valley Commerce Center, a Class A industrial project designed to serve local entrepreneurs and multi-national corporations alike in the Phoenix metropolitan area. Located at Auto Drive and 137th Avenue...
Mosaic Completes Luxury Build-to-Rent Townhomes In Gilbert
Mosaic, the nation’s leading build-to-rent general contractor, recently completed construction on Town Germann, a new luxury BTR community in Gilbert, Arizona, encompassing 14.5 acres of developed land. Town Germann, by California-based Family Development, adds 209 rental townhomes to the region’s housing stock. According to the Morrison Institute for...
VanTrust Getting Great Results with Glendale Developments
VanTrust Real Estate has developed a nationwide portfolio of projects, ranging from office, industrial and multifamily, to mixed-use and science + technology. The Kansas City, Missouri-based firm has an expanding reach across six regional offices, including a Southwest Division office here in Phoenix. Throughout the country, VanTrust has developed a reputation as a company that cultivates strong relationships and commitments to the communities that it does business in.
Greystar Completes Industrial Project in Peoria
Greystar, a global leader in the investment, development and management of institutional-quality commercial real estate, recently completed Caliber by Greystar, a three-building, Class A industrial development in Peoria, Arizona. Caliber, which spans 411,918 square feet, marks the first development piece to deliver within Greystar’s $500 million, 88-acre Peoria Place master...
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.