Scottsdale builder Hunn Development bought the last 200 acres of a stalled master plan outside Prescott Valley and says it will add about 1,100 homes. The sale revives a tract long tied up by planning fights.

A developer secured preliminary approval in late May for a 21‑story, 320‑unit mixed‑use tower near Roosevelt Row that would include retail and stacked amenity floors. The project now moves to detailed city review.

Durango‑based Mountain Capital Partners is buying the Arizona Hideaway Collection from the Allred family, adding Tubac, Sedona and Rancho Mañana to its portfolio. Owners and the buyer say current staff and bookings will be kept in place.

Wood Partners sold the 278‑unit Alta Rise in Gilbert for $81.6M cash to an entity tied to DWS Group. The brokers say the trade moves a large block of Class‑A inventory into new institutional ownership.

RX Health & Science Trust and Shore Capital Partners paid $48M for Stapley Medical Center in Mesa, signaling more out-of-market investment in Phoenix MOBs.

Maricopa County recorded 339 foreclosure filings in April even as ATTOM reports a nationwide 18% year‑over‑year rise in filings. The local dip bucks the broader trend.

A 339-unit luxury complex adjacent to Longbow Golf Club sold for $95.25M, moving from D.R. Horton to Millburn & Company.

Microsoft paid about $130 million for Goodyear land, expanding its West Valley data center holdings and raising questions about water, sewer and infrastructure.

Queen Creek leaders are weighing removing three Pinal County neighborhoods from the town's general plan, potentially leaving more than 1,500 homes outside the town's annexation path.

The Goldwater Institute sued to block Phoenix’s sale of 1016 N. 2nd St to Pennrose, arguing the city undersold public land and handed a private developer a subsidy. The complaint seeks to halt the conveyance and calls the deal unconstitutional.

Belkorp paid $44.15 million for a PillPack-leased distribution building at 3809 E. Watkins St., keeping Amazon’s pharmacy operation in Phoenix. The asset’s power capacity and airport access made it attractive.

Greg Abel’s Berkshire agreed to buy Scottsdale‑based Taylor Morrison for about $6.8 billion, paying $72.50 a share in Abel’s first major deal as CEO. The move expands Berkshire’s footprint in site‑built housing and could lead to consolidation with Clayton Homes.

Investcor will break ground on Mojave Sage, a 117-unit assisted-living and memory-care community in Queen Creek, with construction slated to begin in June.