TUCSON, AZ (October 31, 2025) – The Southern Arizona CCIM Chapter invites commercial real estate professionals to attend its November Continuing Education (CE) Class and Lunch Meeting, featuring an in-depth session on the latest tax strategies for investors, brokers, and property owners with Eric Freeman, CPA MACC, of Beach Fleischman, PLLC and Jodi Bain, MA, JD, LLM, of the Bain Law Firm, PLLC.

The event will provide valuable insights into cost segregation studies, 100% bonus depreciation, opportunity zone updates, and property tax valuation appeals, as well as an outlook on potential tax reforms and their implications for real estate investment performance. Attendees will gain practical tools to reduce expenses, improve net operating income, and enhance competitive positioning in today’s evolving market.

The luncheon will be held on November 11th, with registration open until noon on November 6, 2025. Walk-ins will be admitted after 12:00 PM, space permitting, for an additional $10.

Go here to register for the luncheon.

Scholarships for 2026 Announced

The Southern Arizona CCIM Chapter is proud to offer five $1,000 scholarships toward 2026 CCIM designation courses:

• George C. Larsen, CCIM Scholarship

• James P. Robertson, CCIM Scholarship

• Ryan W. Heinfeld, CCIM Memorial Scholarship

• HSL Properties, Inc. – Southern Arizona CCIM Chapter Scholarship

• Margaret Larsen, CCIM Memorial Scholarship

Applications are due November 1, 2025, with recipients notified by December 1, 2025. Winners must attend the December 12 luncheon, volunteer with the Chapter, and complete the course. Apply here.

“The CCIM designation remains the global standard for commercial real estate expertise,” said a Chapter spokesperson. “Through education, networking, and scholarship opportunities, we’re helping Southern Arizona professionals advance their careers and deliver greater value to their clients and communities.”

Continuing Education Opportunities

The Southern Arizona CCIM Chapter also hosts Department of Real Estate Credit Classes year-round, free for members, including upcoming sessions on:

• November: Environmental Disclosure and Commercial Transactions

• December: Contract Law

To register for the November luncheon or apply for scholarships, visit the Southern Arizona CCIM Chapter website.

The Southern Arizona CCIM Chapter is committed to promoting professionalism, education, and ethics in the commercial real estate industry. Through monthly events, continuing education, and community involvement, the Chapter provides members with the tools, connections, and knowledge to excel in today’s complex CRE landscape.

TUCSON, AZ (October 29, 2025) – A newly built Take 5 Oil Change property at 850 W Irvington Road in Tucson has sold for $2,263,562 ($1,605 PSF) in an all-cash transaction to NS Retail Holdings, an affiliate of NETSTREIT Corp. (NYSE: NTST) of Dallas, TX.

The single-tenant, 1,410-square-foot automotive service facility was completed in 2023 on 0.59 acres and is fully leased under an absolute NNN lease to Take 5 Oil Change, a rapidly expanding quick-lube brand with more than 950 locations nationwide.

The property drew investor attention for its long-term corporate-backed lease and prime visibility along Irvington Road near I-19, one of Tucson’s busiest retail corridors. The site offers exposure to more than 46,000 vehicles per day and is surrounded by national tenants, including Walmart Supercenter, The Home Depot, and Planet Fitness.

The sale was brokered by Ed Beeh, Executive Vice President at SRS Real Estate Partners in Phoenix, who represented the seller. NS Retail Holdings acquired the property as part of its ongoing expansion of single-tenant net-lease assets in the Sun Belt region.

NETSTREIT’s Q3 2025 earnings release reported $203.9 million in acquisitions, primarily focused on convenience, automotive, and service-based retail tenants—categories that include Take 5 Oil Change among its national holdings.

This transaction underscores continued investor demand for new-construction, passive NNN retail assets in high-growth Arizona markets, particularly those offering stable, necessity-based tenancy and minimal landlord responsibilities.

Source: RED Comp #12133

JLL Capital Markets facilitates loan for multifamily property in South Tucson

TUCSON, (Oct. 28, 2025) –  JLL Capital Markets announced today that it has secured a $19.5 million refinancing for Villas Las Mandarinas, 322-unit apartment community in Tucson, Arizona.

JLL worked on behalf of the borrowers, GDL Asset Management, LLC, and GDL Property Management, LLC, whose CEO is Genaro Diaz, to secure a fixed-rate loan with Santander Bank N.A.

Villas Las Mandarinas, located at 4250 E. 29th St., is a garden-style apartment complex that offers convenient access to major employment centers and amenities in Tucson’s established residential corridor.

Tucson continues to demonstrate economic resilience with growing rental demand and investor confidence. The market has shown particular strength in the Class-B apartment segment, attracting both local and institutional capital.

Built in 1977 and renovated in 2023, Villas Las Mandarinas offers modern amenities within a recently updated community. The property features 322 units averaging 389 square feet, positioned as workforce housing in Tucson’s competitive rental market. The comprehensive 2023 renovation enhanced the property’s competitive position and rental potential.

Senior Managing Director Brad Miner and Associate Drew Lydon led JLL Capital Market’s Debt Advisory team representing the borrower.

“The successful refinancing of Villas Las Mandarinas demonstrates continued lender confidence in quality, renovated assets in the Tucson market,” said Miner. “Santander Bank’s competitive terms and flexible structure made this an ideal financing solution for Greenwater’s investment strategy.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory, or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.