Year: 2020

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Rafi Law Firm buys Irvington & 12th Street Property in Tucson for $1.23 Million to Owner Occupy

TUCSON, ARIZONA – Phoenix accident attorney, Brandon Rafi, has purchased the property at 550 W Irvington Road in Tucson.  The 40,550-square-foot lot is located at the northeast hard corner of Irvington and 12th Street, a former used car lot with a 2,000-square-foot unaffixed sales office and asphalt parking lot was sold for land value at […]

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Shade at Desert Ridge Apartments Sold for $87 Million to Knightvest Capital and Torchlight Investors

Phoenix, Arizona – CBRE negotiated the sale of the 342-unit multifamily community Shade at Desert Ridge to a partnership between Knightvest Capital and Torchlight Investors for $87 million ($254,000 per unit). CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch, and Mark McFate of Phoenix Multifamily Institutional Properties represented the seller, Ergas Group. Rocco Mandala

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Arizona Has Replaced 68.3% of the 294,600 Jobs Lost February to April this year

By George Hammond, EBRC director and Eller research professor Arizona added 6,500 jobs over the month in November (seasonally adjusted), according to the latest employment situation release from the U.S. Bureau of Labor Statistics. That was close to the average over-the-month job change during the 2015-2019 period, but significantly slower than October. Arizona has now

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