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February 2008
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02/23/08
Managing director of Montelucia Resort prepares for summer opening
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:11 pm

The name Valeriano Antonioli may not be on the tip of everyone’s tongue, but that’s all right with him. As managing director of Paradise Valley’s newest resort, he is hoping Montelucia will be an easier name to remember.  More…

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Global music museum picks Phoenix for its home
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:07 pm

The Musical Instrument Museum broke ground Feb. 6 on 20 acres on Tatum Boulevard just south of Loop 101 in PhoenixMore…

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Developer uses national contacts to get deals done
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:05 pm

Names such as Westcor, Vestar Development Co. and De Rito Partners dominate the Valley’s retail development scene. But underneath the radar, Walter Brown Jr. has been doing a pretty decent job of keeping pace with the biggies.   More…

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Developer gives mixed-use project an artistic flair
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:02 pm

Two imposing sculptures are grabbing the attention of drivers along Scottsdale Road. The bronze monuments overlaid with a turquoise patina recently were installed at the entrance of the new Artesia mixed-use project at 7293 N. Scottsdale Road. Developer Starpointe Communities invested $500,000 in the public art project as required by the city of Scottsdale’s Art in Private Development ordinance, now in its 20th year.  More…

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Real estate lobby pushing for ban on transfer taxes
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:59 pm

Arizona’s powerful real estate lobby is pushing for a November ballot measure that would ban state and local governments from imposing real estate transfer taxes.  More…

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Industry experts skeptical of foreclosure moratorium
Filed under: General, Mortgages
Posted by: Lillian Wong @ 6:56 pm

James Christensen doesn’t believe the 30-day moratorium on foreclosures endorsed by the nation’s six largest lenders will have any long-term effect.  More…

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State wins fight over land sale
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:50 pm

The State Land Department has prevailed in a court case challenging the auction of a northeast Phoenix land parcel.  More…

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Commercial market looks better than residential
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:48 pm

Where’s the bottom? For anxious real estate owners, investors and professionals, the answer may continue to hinge on which segment of the property market you’re talking about.  More…

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Wolfswinkel: Bad times can present opportunities
Filed under: General
Posted by: Lillian Wong @ 6:46 pm

Veteran Valley developer Conley Wolfswinkel, who knows a thing or two about ups and downs, gave what amounted to a pep talk at a Phoenix conference hosted by Arizona State University’s Center for Real Estate Theory and Practice on Friday.  More…

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Downturn hits hard in West Valley
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:42 pm

Theresa and Tom Love are in a spot. They’ve been separated six months, as he relocated to Washington for a job while she and their two children remain in El Mirage to sell their three-bedroom home.  More…

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Scottsdale OKs huge apartment, office plan
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:35 pm

PHOENIX — A mammoth project consisting of apartments, offices and retail has been approved for the downtown area of Scottsdale by the City Council.  More…

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Jumbo-loan rates unlikely to dip
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:27 pm

WASHINGTON - The piece of the government’s economic-stimulus plan aimed at bolstering the housing market may not work out as planned.  More…

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ASU real-estate conference fills up
Filed under: General
Posted by: Lillian Wong @ 6:24 pm

An Arizona State University real-estate conference featuring a variety of experts in mortgages, investments and risks has filled up.  More…

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Valley new-home sales sank lower still in January
Filed under: General
Posted by: Lillian Wong @ 6:23 pm

New-home building and sales dropped again in January, but it’s not likely metropolitan Phoenix’s housing market has hit bottom yet.  More…

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Filed under: General
Posted by: Lillian Wong @ 6:13 pm

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Mall on hold in retail plan for Surprise
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:12 pm

Westcor will start construction on the first phase of its retail behemoth Prasada around the end of the year.  More…

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Plans will guide growth for north Phoenix village
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:09 pm

It could be 10 years or more before the stretch of empty desert along Interstate 17 between Loop 101 and Carefree Highway is filled.  More…

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