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Richmond American Homes of Arizona Debuts 2 New Communities

Richmond American Homes of Arizona Debuts 2 New Communities

by Phil Hall | Feb 11, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Richmond American Homes of Arizona Inc., a subsidiary of MDC Holdings Inc., has opened a pair of communities in Maricopa County. The communities, Seasons at Pradera III and The Preserve at Pradera, are both based in Goodyear, Arizona. Seasons at Pradera III offers new...
Crowdfunding Company Acquires Distressed Phoenix Multifamily Property

Crowdfunding Company Acquires Distressed Phoenix Multifamily Property

by Phil Hall | Dec 13, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Neighborhood Ventures, an Arizona-based real estate crowdfunding company, is acquiring Venture on Colter, a distressed 123-unit multifamily property in Central Phoenix. The property, formerly known as Thom Slate on Colter, is being purchased directly from the lender...
Arizona Sandwich Chain Eegee’s Declares Bankruptcy, Closes 5 Eateries

Arizona Sandwich Chain Eegee’s Declares Bankruptcy, Closes 5 Eateries

by Phil Hall | Dec 10, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Arizona-based fast-food sandwich chain Eegee’s has filed for Chapter 11 bankruptcy and closed five of its eateries. According to combined media reports, the 53-year-old chain listed both assets and liabilities of between $10 million and $50 million and said it has...
Fathom Holdings Acquires Arizona Brokerage

Fathom Holdings Acquires Arizona Brokerage

by Phil Hall | Nov 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The real estate services platform Fathom Holdings Inc. (NASDAQ: FTHM) announced its acquisition of My Home Group, an Arizona-based brokerage ranked 27th in the nation by transaction volume. My Home Group brings over 2,200 agents and completes approximately 12,000...
Thompson Thrift to Develop Arizona Retail Center

Thompson Thrift to Develop Arizona Retail Center

by Phil Hall | Oct 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate developer Thompson Thrift has purchased approximately 3.68 acres of land for the creation of South Tempe Square, a 27,119-square-foot retail center in Tempe, Arizona. According to the company, the center will consist of four buildings,...
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