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Canyon Bank Transfers Assets to CrossFirst in Acquisition

TUCSON, ARIZONA (September 27, 2023) — CrossFirst Bankshares, Inc. (Nasdaq: CFB) (“CrossFirst”) and Canyon Bancorporation, Inc. (“Canyon”) announced in April that they have entered into a definitive merger agreement under which CrossFirst and Canyon will consummate a business combination transaction resulting in the mergers of Canyon with and into CrossFirst and Canyon’s bank subsidiary, Canyon …

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Water Treatment Solutions Provider Expands West Coast Presence with Tucson Acquisition

TUCSON, ARIZONA (September 26, 2023) — Water technology company A. O. Smith Corporation (NYSE: AOS) has acquired Water Tec of Tucson, an Arizona-based water treatment company, in an all-cash transaction. Terms of the transaction were not disclosed. Water Tec joins other A. O. Smith acquisitions, Atlantic Filter (2022), Master Water Corporation (2021), Water-Right Group (2019), …

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Institutional Property Advisors Brokers Tucson Multifamily Asset Sale

TUCSON, Ariz., Sept. 20, 2023 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Juniper Canyon, a 140-unit multifamily asset in Tucson, Arizona. Selling at $19.8 million on September 7, 2023, it represents the highest multifamily sale price for the year at $141,428 per unit and $241.64 …

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