Phoenix

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View AllPhoenix, AZ · Real Estate
KTAR News
whatnow.com
hoodline.com
realestatedaily-news.com
azbigmedia.com
themesatribune.com
Mesa build-to-rent community sold for $95.7M
The famed global institutional investment company JP Morgan now owns a 212-unit build-to-rent home community in East Mesa. CBRE negotiated the sale of Bella Encanta, a luxury home community on East Hampton Road, to JP Morgan for $95.75 million. CBRE’s Griffen Tymins, Asher Gunter, Matt Pesch, Sean Cunningham and Austin...
yieldpro.com
Neighborhood Ventures Successfully Closes on Venture on 52nd Street in Phoenix in the Up and Coming Arcadia District
Neighborhood Ventures (NV) closed on Venture on 52nd Street, a 71-unit multifamily property located at 5245 E Thomas Road, in the Arcadia neighborhood. The property was acquired for $11 million—over 35% below its 2022 valuation of $18,250,000. Venture on 52nd Street features 12 studio units, 47 one-bedroom units, and 12 two-bedroom units, ranging from 400 to 748 square feet.
East Valley Tribune
KTAR.com
The Associated Press
East Valley Tribune
Mesa becomes a balanced housing market
A leading analyst says the Valley is turning into a buyer’s market for single-family homes and Mesa is edging closer to that scenario. Meanwhile, data for March from Phoenix Realtors, the Valley’s largest association of real estate professionals, indicated that a steady rise in home prices for Mesa homes on the market might be slowing down.
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