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With so much construction, why is affordable housing so scarce in Phoenix?

By Katherine Davis-Young | KJZZ PHOENIX – Look around central Phoenix and you see cranes, construction sites and impressive new buildings. The signs of a boom are everywhere, but the bustle isn’t benefiting everyone. Our population is among the fastest-growing in the country, with about 200 people moving to the Phoenix area every day from […]

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RHP Properties purchase two Tucson Manufactured Home Communities for $14.85M

RHP Properties expands Arizona presence – now at nine properties FARMINGTON HILLS, Mich. – RHP Properties has announced the acquisition of two manufactured home communities in Tucson, Arizona. The company completed the purchase of Cielo Vista, 185 home sites, and Arizonan, 63 home sites; bringing its total of manufactured home communities in Arizona to nine

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Cushman & Wakefield Sells Arcadia Gateway Center for $17.25 Million

PHOENIX, Arizona – Cushman & Wakefield announced that MIG Real Estate LLC sold Arcadia Gateway Center. Clayton A. Varga, trustee of the Varga Revocable Trust, purchased the property located at 4222 E. Thomas Road in Phoenix for $17.25 million ($191 PSF). Arcadia Gateway Center is a four-story, 90,225-square-foot Class A multi-tenant office building. Currently 96%

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