1st Quarter Sales

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TAR February Report: Volume Rises as Tucson Home Prices Drop

Tucson Association of Realtors (TAR) has released stats for February 2016. Average Sales Price decreased 4.80% this month to $206,128 from $216,510, while home sales pushed up 4.08%, according to the Tucson Association of REALTORS® Multiple Listing Service. The Average Selling Price decrease of $10,382 compared to January, is $3,275 less than a year ago […]

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HSL adds Radisson Suites Tucson to Portfolio for $7 Million

Tucson-based, HSL Hotel Opportunity Fund III (Omar Mireles, manager) bought the Radisson Suites Tucson at 6555 E Speedway Blvd in Tucson for $7 million ($23,411 per room) from the lender AIG Life Insurance Co and American International General Life Assurance of Los Angeles, CA and The United States Life Insurance Co of New York. The

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Rancho Los Amigos MHP sold at $4.8 million for Redevelopment

Historic Rancho Los Amigos, a mobile-home park that began as a citrus grove, at 600 West Orange Grove Road in Tucson was bought by Alta Vista Communities (Roger Karber, manager) recently for $4.8 million ($282,353 per acre). The property sold for land value and is located just west of the intersection of Orange Grove and Oracle

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