September 12, 2022
Daily Archives
More stories
-
MG Properties buys Phoenix metro area apartments for $107 Million
MG Properties, a private San Diego-based real estate investor, owner and operator, recently purchased 2150 Arizona Ave South Apartments in Chandler, Ariz., for $107 million. Rebranded as 2150 Apartments, the mid-rise community is located in the Chandler submarket of the Phoenix metro and boasts some of the most robust multifamily fundamentals in the area due More
-
Hotel lending will return to normal in 2023
Hotel financing will be available during the balance of 2022 and into 2023 but keep an eye out for stricter underwriting and higher interest rates. Expect a more normal looking year in 2023 as overall allocations should pick up. Transaction activity will increase as maturities near and owners must find solutions through either sales or More
