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Berkadia Completes Sale and Financing for Scottsdale Senior Living Asset

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Scottsdale, Arizona (June 15, 2026) – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale and financing of Acoya Shea, a 147-unit Class-A full acuity senior living community in Scottsdale, Arizona. Opened in September 2023, the asset boasts outstanding operational performance, consistently high occupancy, and a flexible, high-demand unit mix. […]

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Arizona State Budget Maintains Rio Nuevo as a Tax Incentive District

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TUCSON, Ariz. (June 16, 2026) — The state budget passed by the Arizona Legislature and signed by Gov. Katie Hobbs on Saturday preserves the Rio Nuevo economic development program, ensuring the continuation of a critical initiative that utilizes a share of sales tax revenue to incentivize private development within Tucson’s urban core. While lawmakers ultimately abandoned

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Waymo Buys Former Apple Test Track in Wittmann for $220 Million

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WITTMANN, ARIZONA (June 12, 2026) — Waymo has acquired a massive autonomous vehicle proving ground in the northwest Valley for $220 million, adding one of Arizona’s most specialized automotive testing assets to the company’s growing self-driving vehicle platform. The property, located near 211th Avenue and Dove Valley Road in the far northwest portion of the

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