Phoenix

Adeline is the company's first development project in the Downtown Phoenix market.

Grand 1 is part of the 1.8 million-square-foot class-A office space slated to be developed by LPC.

The property is a prototype for the company, making it a rare opportunity for investment.

An affiliate of the company signs a seven-year lease of 67,182 square feet of class-A light industrial space.

The fund will acquire land pre-identified by homebuilders for single-family home development.

Located in one of the most popular submarkets in Phoenix, the apartment community has traded for $31.25 million.

A private investor sold the 155-unit garden-style community for $21 million or $219 per square foot.

The funds were used to acquire a brand-new, class-A, multifamily apartment community.