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AZ News

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Phoenix Residential Real Estate news
URL: https://assets-origin.bizjournals.com
Updated: 2 hours 20 min ago

SimonCRE eyes land for Prasada East retail project, anchored by Whole Foods

Thu, 03/05/2026 - 14:12
The site will anchor a larger mixed-use area that includes future apartment projects on what the developer calls the best undeveloped multifamily land in the West Valley.

Cleveland developer partners with Chicago fund on 353-unit community in Mesa; plus more deals

Thu, 03/05/2026 - 05:23
The NRP Group is partnering with Origin Investments on the $94 million project, expected to deliver in 2028 when supply constraints may create opportunity. Plus, our weekly roundup of Valley real estate deals includes a pair of recent office moves, new financing for a Scottsdale shopping center and more.

Paradise Valley estate sells for over $12M cash to out-of-state buyer

Wed, 03/04/2026 - 14:29
The $12.25 million cash sale of a Paradise Valley custom home marks the 10th mansion sold for more than $10 million in Paradise Valley so far this year as the luxury market heats up.

Luxury market surge: Ritz-Carlton Residences developer closes millions in villa sales

Wed, 03/04/2026 - 06:01
Three luxury units closed on a single day at The Ritz-Carlton Residences. Regional luxury home sales are up 30% over last year.

A big homebuying headache is going away soon

Tue, 03/03/2026 - 21:59
The Homebuyers Privacy Protection Act takes effect March 5. Here's what that means for buyers and sellers.

California developer eyes Cooley Station for another $300M project

Tue, 03/03/2026 - 09:56
A California developer is about to embark on its fifth multifamily project in the southeast Valley. Here's why the company is bullish on that area of town.

Paradise Valley estate snags $20 million while still under construction

Tue, 03/03/2026 - 05:15
The ultra luxury market in metro Phoenix is still on fire, as other price ranges are showing price drops. Here's the latest property to sell for $20 million, even though construction isn't yet completed.

Lennar teams with commercial developer on state land buy in Peoria

Mon, 03/02/2026 - 06:00
Lennar plans more than 100 homes with an unusual alley-access design in Peoria, while a retail partner will add shops to the overall project.

Price drop: Luxury estates priced under $5M offer 'sweet spot' for bargain hunters

Sat, 02/28/2026 - 18:00
The "frenetic" sales pace of Valley luxury homes in December and January didn't quite track into February. See photos of several luxury listings under $5 million that have dropped in price.

Los Angeles developer opens $175M apartment community, with more on the way

Fri, 02/27/2026 - 05:15
Shelter Asset Management is also building a 223-unit community in Phoenix. Metro Phoenix rents declined 3.3% annually.

The Bergen's success prompts developer to scout Phoenix for next ultra-luxury rental

Thu, 02/26/2026 - 14:39
The developer of The Bergen — that at one point had monthly lease rates of $20K — is eyeing metro Phoenix for its next ultra luxury residential community.

Center Court Pickleball Club to open fourth location, corporate HQ in Scottsdale; plus more real estate deals

Thu, 02/26/2026 - 05:40
A 35,000-square-foot Pickleball facility will replace a former Scottsdale big-box store, just one of the items in our weekly roundup of real estate deals, which also includes construction of a new golf clubhouse, a credit union's new East Valley branch and more.

University of Arizona approved for $250M residence construction project

Wed, 02/25/2026 - 14:32
A Minneapolis construction giant will build the new 1,200-unit residence tower on the University of Arizona Tucson campus in a partnership with a nonprofit foundation.

Real estate mogul Mike Ingram tapped to lead GCU honors college expansion

Wed, 02/25/2026 - 10:11
A top real estate developer with connections across the country now has his name attached to Grand Canyon University's Honors College. His goal: to double the size of the honors college to become the largest in the nation.

As mortgage rates dip, Phoenix housing market sees more activity

Tue, 02/24/2026 - 14:52
Mortgage rates have dropped below 6%, the first time since the fall of 2022. Local analysts dissect how that will affect the housing market in metro Phoenix.

Ritz-Carlton developer secures financing for Villa construction amid bankruptcy

Tue, 02/24/2026 - 13:58
The Scottsdale developer secured millions in bankruptcy financing to finish luxury condos while working toward a plan to restart its stalled high-end hotel.

Team USA baseball coach plops down $10.6M for newly built Paradise Valley estate

Tue, 02/24/2026 - 05:30
After listing his 136-acre estate in Oklahoma for $12 million, a retired Major League Baseball outfielder just bought a newly built home in Paradise Valley for $10.6 million.

Custom home with Superstition Mountains views sells for record-breaking price in Apache Junction

Sun, 02/22/2026 - 07:00
A custom home built in 2000 with unobstructed views of the Superstition Mountains just sold for a record-breaking $3.45 million, representing the highest home sale of Apache Junction.

My View: The issue isn't who owns homes in Arizona, it's how hard they are to build

Fri, 02/20/2026 - 05:00
Single-family home permits in have dropped 12% while multifamily permits fell over 30%. In this guest column, the former Arizona housing chief says the state needs diverse supply, not just luxury apartments.

Bela Flor sells newly built Avondale rental community for $30.1M

Thu, 02/19/2026 - 14:40
The Mesa homebuilder sold the 70-unit property at 93% occupancy. It's the company's second major build-to-rent exit in less than a year.
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