Karen Schutte

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The Watermark at Oro Valley Sells for $23 Million Rebrands to The Ironwood at Oro Valley

ORO VALLEY, ARIZONA (July 10, 2026) — The Watermark at Oro Valley, a 101-unit assisted living community at 9005 N. Oracle Road in Oro Valley, sold for $23 million in an investment sale recorded on June 30, 2026. The sale works out to approximately $227,722 per unit and $276.91 per square foot. The buyer was […]

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Tucson Job Growth Stalls as Arizona’s Labor Market Slows

(JULY 10, 2026) — Arizona’s labor market continues to show resilience, but the latest employment data shows a clear slowdown—especially in Southern Arizona. Statewide, Arizona added 2,000 seasonally adjusted jobs in May, while the unemployment rate rose to 4.8%, above the national rate of 4.3%. On a non-seasonally adjusted basis, the state lost 14,300 jobs

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Two 16-Unit Central Tucson Apartment Properties Sell for $2.48 Million

TUCSON, ARIZONA (July 9, 2026) — Two 16-unit apartment communities in central Tucson recently sold in separate transactions totaling $2.48 million. JVC 4 Enterprises LLC purchased Park Manor Apartments, a 16-unit apartment complex at 3850-3880 N. Park Ave. in Tucson, from the Douglas E. and Andrea S. Robson Revocable Trust and the Gary H. Rieman

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