Phoenix

GlobeSt.com caught up with a few executives to discuss work/life balance and what success means to them.

The cap rate spread between Phoenix and California multifamily is 75 to 100 basis points, and it is driving investment capital south.

Rising housing prices and rental rates have created housing affordability concerns in Phoenix, and the expectation of rising rents in 2019 will put more pressure on the growing problem.

The hotel firm acquires its first hotel in the Phoenix market, The Wyndham Garden Phoenix Midtown, as has targeted the market for expansion.

The apartment market in Phoenix is just heating up as more mature markets on the West Coast slow down.

The state has a dwindling supply of affordable housing stock, but the market's growing construction pipeline is helping to avert the crisis.

The second tranche of the purchase involves an unidentified property that is currently under construction. When the purchase of that property closes, the deal will bring the total five-property portfolio to change hands at 531 units and the total purchase price at $130 million.

After a phenomenal year of leasing activity, retail leasing fell flat at the end of the year.