Real Estate Daily News Service

Broadstone Uptown, 500 West Camelback Rd, Phoenix, AZ PHOENIX  (April 17, 2025) – CBRE negotiated the sale of Broadstone Uptown PHX, a 280-unit luxury multifamily community in Phoenix, Ariz. CBRE’s Austin Groen, Matt Pesch, Asher Gunter and Sean Cunningham represented the seller, Alliance Residential Company. Phoenix-based Christiansen Ventures LLC acquired the community for $87 million. Troy Tegeler and CJ Connolly with CBRE’s Debt & […]

  TUCSON, AZ (April 17, 2025) — Tucson’s multifamily market slowed incrementally in Q1 2025, with the average vacancy rate rising to 8.81%, up 0.58% from a year ago. Average sale prices reached $164,338 per unit and $189.09 per sqft, reflecting YOY increases of 91.74% and 83.66%. Market performance in 2025 is expected to mirror

PIMA COUNTY, (April 17, 2025)— The Pima County Board of Supervisors on Tuesday voted 4-0 to approve a resolution to allocate $2.56 million in federal Community Development Block Grants and an additional $234,000 of Emergency Solutions Grants for the 2025-26 fiscal year.  The Board approved the submission of the Pima County 2025-2026 Annual Action Plan and the Pima County Consortium Fiscal Year 2025-2029 HUD Consolidated Plan to the U.S. Department of