PHOENIX, ARIZONA – Arizona Self-Storage Association, the trade association that represents the self-storage industry in Arizona, recently elected three new board members and re-elected seven board members.

Newly elected board members are David Brown, Wentworth Property Company; Matthew Hall, Stadium Properties / Dollar Self Storage; and Belinda Rosthenhausler, Clear Title Agency of Arizona.

Re-elected to the board are Bill Alter, Rein & Grossoehme Commercial Real Estate; Diane Gibson, Cox Armored Mini Storage Management, Inc.; Jeff Gorden, Eagle Commercial Realty Services; Dave King, Wentworth Property Company; Martin Lorch, BPI Capital Management, Inc.; Ray McRae, Arizona Mini Storage Management Company/Storage Solutions; and Chris Rudel, The Rudel Company.

AZSA boasts more than 600 facilities in the association owned by approximately 300 owner/operators as well as more than 100 associate members who are both local and national vendors to the self-storage industry.

AZSA holds 25 events a year, including live and virtual (webinar) educational offerings and networking opportunities. Its annual conference is Sept. 25-26, at the Wild Horse Pass Hotel & Casino in Chandler, Arizona. The AZSA Golf Tournament is Sept. 24 at the Whirlwind Golf Club at Wild Horse Pass.

“AZSA events are a great way to get involved and engage with our membership,” said Executive Director Anne Mari DeCoster. “Our events include five Phoenix networking breakfasts and five Tucson Tuesday happy hours or breakfasts.”

The group also offers workshops in various cities around the state throughout the year and monthly webinars.

Officers for 2019 are Dave King, President; Diane Gibson, Vice President; Jeff Gorden, Secretary; Martin Lorch, Treasurer; Poppy Behrens, Conference Chair; Carol Mixon Krendl, Education Chair; Travis Morrow, Immediate Past President; and Richard Marmor, Legal & Legislative Chair. Directors include Bill Alter, James Appleton, Matthew Hall, Korey Hanson, Whitney Jurjevich, Andrew Kelly, Ray McRae, Chris Rudel, Belinda Rosthenhausler, Tarik Williams and David Brown.

PHOENIX, ARIZONA – The Urban Land Institute Arizona District Council (ULI Arizona) was recently awarded a $20,000 grant from global ULI’s Building Healthy Places Initiative, with support from the Robert Wood Johnson Foundation, to convene a local task force to study the intersection of health and housing in Arizona.

A key feature that made ULI Arizona’s application stand out is the financial commitment and strong partnership with Vitalyst Health Foundation, which contributed an additional $10,000.

ULI Arizona is one of four ULI District Councils (Arizona, Chicago, Sacramento and Tampa Bay) selected to explore land use and transportation barriers to healthy places and identify sustainable and equitable solutions.

“Lack of affordable housing is responsible for some of the most damaging health effects to individuals and families,” says Heidi Kimball, Senior Vice President, Sunbelt Holdings, and incoming Chair, ULI Arizona. “No one entity alone will be able to solve the growing affordability and equity challenges facing our communities. This grant will help us work with development industry, public sector and nonprofit leaders to explore new equitable models and approaches supporting healthy living and affordable housing.”

ULI Arizona and Vitalyst Health Foundation will work closely together and with other community partners (Maricopa Association of Governments, City of Tempe, ASU Stardust Center Affordable Homes and the Family, LISC Phoenix, and others) to examine how the lack of affordable housing in core urban areas exacerbates health inequities and how to shift policies and practices to help more people be healthier and live well in quality housing connected to essential services.

In Metro Phoenix, the gap between what residents earn and housing costs is widening, especially along transit corridors, pricing out the people who benefit the most from living near public transportation options.

C.J. Eisenbarth Hager, Director of Healthy Community Policies for Vitalyst Health Foundation, will co-chair the task force with housing expert Silvia Urrutia, Managing Partner, U Developing, LLC. Hager explains that health is inextricably tied to where people live.

“When you look at life expectancy by ZIP code across the Valley, you see short distances can reveal significant gaps in health,” Hager said. “Children born in the City of Scottsdale can expect to see their 85^th birthday, whereas in South Phoenix, people are likely to only reach their 71^st. As seen in other communities, ZIP codes can be more important indicators of health than people’s genetic code.”

Working over the course of a year and a half in collaboration with ULI Building Healthy Places Initiative experts and the other awarded District Councils, the task force will develop local action and outreach plans and document a synthesis of best practices that will be shared with communities throughout the region and nationally.

TUCSON, Arizona – California investors, Ava Terrace Apartments, LLC, Marcus & Jodi Bannon, members) purchased Oakwood Terrace Apartments at 2740 & 2750 N. Balboa Avenue in Tucson for $2.35 million ($40,517 per unit) as a value-add investment.

Built in 1963 on 2.48 acres, Oakwood Terrace Apartments is a 58-unit complex located in the northwestern part of Tucson. The property includes (12) studios, (44) 1-bedroom units, and two 2-bedroom units. Many of the units have gone through various renovations over the past few years. The property benefits from a number of on-site amenities including a pool, large courtyard, laundry facilities and ample parking. All units have air conditioning. The whole complex is fenced in, including a sensor gate at the entrance providing security for the residents.

Located in a busy area between Oracle Rd and Stone Ave, the property is in close proximity to many retail and service opportunities

Allan Mendelsberg, Principal and Multifamily Specialist with Cushman & Wakefield | PICOR represented the seller, a Canadian group, 18Teen Jac Properties, LP in this transaction.   Joseph Chaplik with Joseph Bernard Investment Real Estate, represented the buyer.

For more information, Mendelsberg can be reached at 520.546.2721 and Chaplik is at 520.428.0850.

To learn more, see RED Comp #6905.