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NexMetro BTR

JLL secures recapitalisation for NexMetro BTR portfolio

Claudia Schergna February 25, 2025

Reading Time: < 1 minuteCommercial real estate firm Jones Lang LaSalle (JLL) has secured a $271.9 (£214.8) million recapitalisation for an eight-property BTR residential portfolio spanning Arizona, Colorado, and Texas.

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Arizona mixed-use

Land acquired for $1 billion Arizona mixed-use scheme

George Sell August 30, 2023

Reading Time: < 1 minuteUS: Indicap, Colmena Group and Langley Properties have completed the purchase of 311 acres of land at the north-west corner of Power and Warner roads in Gilbert, Arizona.

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Rockefeller Arizona

Rockefeller buys Arizona sites for BTR townhomes

George Sell June 12, 2023

Reading Time: < 1 minuteUS: Rockefeller Group has paid $8.7 million for two sites totalling 16.5 acres in South Phoenix.

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Phoenix

Phoenix SFR community sells for more than $500,000 per unit

George Sell November 30, 2022

Reading Time: < 1 minuteUS: The Orchards on 12th, a recently completed SFR development in Phoenix, Arizona, has been acquired for $19,433,137 by an entity formed by The Carlyle Group and Banyan Residential.

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Arizona PBSA

Arizona asset sale is biggest US PBSA deal made without institutional capital

George Sell November 2, 2022

Reading Time: < 1 minuteUS: New York City-based Vesper Holdings has acquired Sol y Luna Apartments, a two-tower, 340-unit PBSA asset in Tucson for $203 million.

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Thompson Thrift acquires site for Arizona mixed-use scheme

George Sell September 20, 2022

Reading Time: < 1 minuteUS: Property company Thompson Thrift has acquired a 35-acre parcel in Gilbert, Arizona for a mixed-use development called The Gilmore.

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