CBRE negotiates $31.13 million sale of Mirador

CBRE has negotiated the $31.13 million sale of Mirador, a 316-unit gated apartment community located at 1550 E. Thunderbird Rd. Tyler Anderson, Sean Cunningham and Asher Gunter of CBRE's Phoenix office represented the seller, a fund managed by Eaton Vance Management, in structuring the sale. The buyer was Weidner Investment Services of Kirkland, Wash. Built in 1995, Mirador is located within the 1,200-acre Pointe Tapatio master-planned community, and alongside the Lookout Mountain Golf Club.

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Williams Equities leases 100,000 s/f at 470 Park Avenue South

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NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by Ron Cohen

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A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking