Phoenix continues to dominate the construction market. This week, developers announced several new starts and completions in the Phoenix area and surrounding market, which falls in line with recent research reports. The developments include multifamily, single-family and senior living. Deal activity also remains vibrant with multiple acquisitions and financing deals competed across asset classes and throughout the Southwest region. Industrial activity remains the most prominent, followed by multifamily; however, retail deals—including both leases and sales—seemed strong this week as well. Here's a look at this week's trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

NEW & NOTABLE

LOS ANGELES—Alina Mardesich has joined George Smith Partners as SVP. Mardesich's career includes key positions with firms such as Archon Group, Fremont Investment & Loan, and U.S. Bank, among others, Mardesich possesses a disciplined and proficient ability to understand and navigate complex opportunities in order to secure competitive financing for assets of all product types. Prior to joining George Smith Partners, Mardesich served as a Senior Advisor to Oaktree Capital Management, where she arranged financing for value-add and transitional assets throughout the West Coast. During her career, she has arranged more than $2.5 billion in financing. Mardesich holds a Bachelor of Science degree in Real Estate and Finance from the University of Southern California.