Karen Schutte

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Real Estate Daily News Commercial Lease Report: June 15–19, 2026

(June 22, 2026) — Leases reported to Real Estate Daily News for June 15–19, 2026, included transactions in the Tucson market as well as leases handled by Tucson commercial real estate brokers in Phoenix, Chandler, and Nogales, Sonora, Mexico. The week’s reported activity totaled 75,411 square feet in new leases, expansions, subleases and renewals, plus

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Pima County gap funding helps advance nearly 200 affordable housing units

PIMA COUNTY, (June 22, 2026) –– Three affordable housing developments supported by Pima County gap funding have each received allocations of $2.5 million in Low-Income Housing Tax Credits (LIHTC), moving closer to delivering nearly 200 new affordable housing units for local residents.  The Pima County Board of Supervisors approved $500,000 in gap funding for each project, helping developers secure additional financing and compete

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Two Tucson Assisted Living Facilities Sell for Combined $57 Million

TUCSON, ARIZONA (June 19, 2026) — Two Tucson assisted living properties sold on the same day in separate transactions to different buyers for a combined $56,999,900. Broadway Proper Assisted Living Community, a 232-bed assisted- and independent-living facility at 400 S. Broadway Place, sold for $52 million ($224,137 per unit). The buyer was Tucson PropCo 1

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