Southwest CRE News
Commercial Real Estate News
MorningStar Senior Living, Investcor Development and EOS Residential Investors Break Ground on 117-Unit San Tan Valley Community
Ryman Hospitality Properties Closes $1.38 Billion Acquisition of Grande Lakes Orlando Resort from Trinity Investors
Sealy & Company Completes Three Industrial Acquisitions in Omaha, Houston and Kansas City
Rockefeller Group Taps Mitzi Jones to Lead Southeast Multifamily Expansion Into Low- and Mid-Rise Development
Affinius Capital and Alliance Residential Company Sell 545-Unit Northern California Senior Housing Portfolio for $103M
JLL Closes Sale of 757,325-Square-Foot Park 845 Crossing Industrial Portfolio in North Houston for Equus Capital Partners

American Landmark Apartments Acquires 292-Unit Houston Community as CIO Elizabeth Roy Targets Sun Belt Value-Add Growth
American Landmark Apartments has acquired a 292-unit multifamily community in southeast Houston, rebranding the property Toscana Parkway as the firm's 14th Houston-area asset. Chief Investment Officer Elizabeth Roy cited the submarket's constrained supply and Houston's population growth as key drivers of the value-add investment thesis.

Crescent Communities Plans 313-Unit NOVEL oneC1TY Multifamily Development in West Nashville
Crescent Communities has announced plans for NOVEL oneC1TY, a 313-unit residential community to be developed on the C1TYBLOX parcel within the oneC1TY mixed-use campus in West Nashville. The project, slated for completion in 2029, will include 5,000 square feet of ground-floor retail and a public plaza.

Trammell Crow Company Delivers 181,000-Square-Foot Sprouts Farmers Market Campus in Phoenix
Trammell Crow Company has completed a 181,000-square-foot mixed-use development in Phoenix that serves as Sprouts Farmers Market's new corporate headquarters, flagship grocery store, and retail space. The project, located within the CityNorth development near 56th Street and Loop 101, was delivered in August 2026.

Embrey Partners Closes Land Acquisition and Construction Financing for 324-Unit Clio at Rock Creek in Lafayette, Colorado
Embrey Partners has closed on more than 18 acres of land and secured construction financing from Amegy Bank and Hancock Whitney Bank for Clio at Rock Creek, a 324-unit Class A garden-style multifamily development in Lafayette, Colorado. The project, Embrey's 22nd in the Denver market, is slated to break ground in the third quarter of 2026 with first residents expected in late 2027.
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American Landmark Apartments Acquires 295-Unit Azure Carnes Crossroads in Summerville, South Carolina
American Landmark Apartments has acquired Azure Carnes Crossroads, a 295-unit apartment community in Summerville, South Carolina, marking the Tampa-based firm's fifth multifamily asset in the Charleston metro area. CEO Joe Lubeck cited demographic tailwinds and a diversified employment base as key drivers behind the value-add acquisition.

CBRE Arranges $52.4 Million Sale of Avia 266 in Mesa, Arizona for Geringer Capital
CBRE arranged the $52.4 million sale of Avia 266, a 267-unit garden-style multifamily community in Mesa, Arizona, with Matt Pesch, Asher Gunter and Austin Groen representing seller Geringer Capital. San Diego-based ColRich acquired the property, which will be renamed The Remy, assuming an existing HUD loan as part of the transaction.

Thompson Thrift Opens 64,000-Square-Foot Safeway at The Gilmore Mixed-Use Development in Gilbert, Arizona
Thompson Thrift marked a key milestone at its 35-acre mixed-use development in Gilbert, Arizona, with the grand opening of an approximately 64,000-square-foot Safeway grocery store at The Gilmore. The project combines roughly 200,000 square feet of retail space with 300 luxury apartment homes currently in pre-leasing.