Newmark Facilitates $40.1 Million Sale and Financing of Park Tower Apartments in Chandler, Arizona

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Newmark Facilitates $40.1 Million Sale and Financing of Park Tower Apartments in Chandler, Arizona

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Phoenix, AZ (October 8, 2025) — Newmark announces the sale and acquisition financing for Park Tower Apartments, a well-positioned 180-unit multifamily community in Chandler, Arizona. The property sold for $40.1 million. Newmark Executive Managing Directors Chris Canter, Brad Goff, and Brett Polachek represented the buyer, TruAmerica Multifamily, in the acquisition. Newmark Executive Vice Chairman Mitch […]

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Marcus & Millichap Research Examines the Direct and Indirect Effects of Federal Shutdown Impact CRE

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RESEARCH BRIEF | GOVERNMENT SHUTDOWN (October 8, 2025) — With Washington again facing a federal government shutdown, Marcus & Millichap’s latest research brief examines the implications for the economy and commercial real estate (CRE). Historically, these events have created more noise than real disruption for property markets. While a shutdown can delay data releases, agency

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Mis Manos Montessori Acquires Portion of Immaculate Heart Middle School Campus for $3M

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TUCSON, AZ (October 7, 2025) – The Sisters of the Immaculate Heart of Mary have sold a portion of their Northwest Tucson campus to Mis Manos Montessori School for $3 million, marking a significant transition in the property’s use from a parochial middle school to a private Montessori program serving kindergarten through 3rd grade. The

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