MetLife bought Grandstone at Sunrise Villas, a 140‑unit Peoria build‑to‑rent community, in an all‑cash transaction — another sign of institutional interest in Phoenix rentals.

A Senate housing provision would force sale of new build-to-rent homes within seven years, and Phoenix developers say it’s already chilling financing and pausing projects. The city — which delivered thousands of BTR units last year — could feel the impact quickly.

Blackstone sold the 412‑unit Arrowhead Summit in Glendale for about $101.35M — roughly $22M below its 2021 price — a sign of softer multifamily pricing in Phoenix.

Arizona officials pitched Yuma as a launch site and Sierra Vista as a re‑entry and manufacturing hub, with BlackStar Orbital already signed on. Federal FAA approval is still needed.

Amazon Web Services has secured a roughly one‑million‑square‑foot warehouse in Buckeye, adding to the company’s West Valley footprint and raising questions about staging for data‑center work. Local planners are watching for traffic, power and water impacts.

A $30M, 14,100‑sqft spec estate is planned for a rare flat Camelback‑view lot in Paradise Valley, with nine bedrooms and resort‑scale amenities on the marketing sheets.

Northpond Partners paid $13.35M for a 20,452‑sq‑ft Queen Creek strip mall on Ellsworth Road, an EOS Fitness‑anchored center with 11 tenant suites.

A Phoenix Business Journal ranking shows the 40 largest builders pulled nearly 17,000 permits in 2025, a sign that big firms carried most construction through a cooling market.

Mesa is mapping a district‑by‑district reinvestment plan that pairs redevelopment with home‑repair and affordable builds while promising to center longtime residents.

Mesa’s council signed off on The Den on Rio Salado, a two‑building lodging campus pairing seasonal player housing with a 103‑room Candlewood Suites near Sloan Park.

Caliber closed financing for a Steamboat Springs Hyatt Studios and is advancing a Riverwalk site in Scottsdale, with groundbreaks and approvals expected in 2026–2027.

Life Time will open two resort‑scale clubs in the Phoenix area next week, bringing rooftop pools, indoor pickleball courts, recovery suites and kids programming.

Creation closed on 38 acres in Avondale for a planned 700,000‑square‑foot industrial campus aimed at advanced manufacturing and R&D. The purchase adds campus‑scale inventory to the West Valley market.