PHOENIX, AZ (July 13, 2026) — Cavan Cos. has sold Bungalows on Camelback, a 334-unit build-to-rent community in Phoenix, for $112.5 million. The transaction represents the highest-priced sale of a build-to-rent property in Arizona and ranks as the fourth-largest multifamily sale in the Valley so far in 2026. Cavan completed the community in 2022 at
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
The Watermark at Oro Valley Sells for $23 Million Rebrands to The Ironwood at Oro Valley Read More »
(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
Tucson Job Growth Stalls as Arizona’s Labor Market Slows Read More »