You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value. Phone: 480-948-5554 Prefer cell: 520-975-5207 or email me walterunger@ccim.net. – What is a CCIM. –
CLICK HERE TO VIEW ALL MY 60 MIL WORTH OF LISTINGS.
By Cara Smith-Tenta CoStar News January 14, 2021 | 8:27 P.M.
Harrison Street, Toll Brothers to Develop Student Housing in Tempe, Arizona
Investment firm Harrison Street formed a joint venture with the student housing unit of luxury home developer Toll Brothers to build a high-end student housing community near Arizona State University in Tempe, Arizona.
Harrison Street, a Chicago firm that focuses solely on alternative real estate assets, said it is partnering with Toll Brothers Campus Livings to build Canvas, a 263-unit luxury student housing property at 1028 E. Orange St., roughly a three-minute walk from Arizona State University.
The joint venture is also partnering with Subtext, a student housing development firm based in St. Louis, Missouri, on the project.
Canvas is planned to offer 826 beds and expects to open in fall 2021. It is designed with a slew of high-end amenities, including a clubroom with an esports lounge, ground-floor retail and a rooftop pool and deck. Units are expected to include granite countertops, stainless steel appliances, in-unit washers and dryers and more, according to the statement.
While many colleges and university campuses are still largely empty amid the coronavirus pandemic, investments in student housing or on-campus apartments have kept their reputations as viable investments.
In the early days of the pandemic, student housing landlords reported rent collection levels of roughly 97%, according to Newmark’s 2020 “Student Housing Mid-Year Market Overview.” At the same time, multifamily landlords were reporting roughly 75% of rent collections, and have continued to largely report that around three-fourths of their tenants are paying rent.
“The student housing industry was proven to be recession resilient in 2008 and appears to be pandemic-resilient in 2020,” the report says.
The majority of colleges and universities began the fall 2020 semester with at least partial in-person attendance required. Roughly 48% of tracked colleges and universities started their fall 2020 semester on an either fully in-person, primarily in-person or hybrid learning model, according to data from the Chronicle of Higher Education that tracked 3,000 colleges and universities.
Approximately 34% of colleges opened offering primarily online classes but still required some in-person attendance. Only 10% of colleges opened offering fully online classes, according to the data.
Arizona State University resumed in-person classes in fall 2020 and its campus continues to remain open. The university has an undergraduate enrollment of roughly 45,000 students, according to U.S. News and World Report.
SEE IT ALL: https://product.costar.com/home/news/834502939?market=29
FROM ME: Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office / Retail / Industrial / Multi-family / please call me on my cell 520-975-5207 or e-mail me walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net, CCIM, CREXi, Catylist, and various other web sites. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international. Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
Click here to find out what is a CCIM: https://en.wikipedia.org/wiki/CCIM
CLICK HERE TO VIEW ALL MY 60 MIL WORTH OF LISTINGS.
https://www.crexi.com/properties?searchBrokerId=17513
http://walter-unger.com/gold-canyon-resort-sells-for-29-4m/
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
WHY PHOENIX? AMAZING!!! POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME
CLICK HERE TO VIEW ALL MY 60 MIL WORTH OF LISTINGS.
https://www.crexi.com/properties?searchBrokerId=17513
Also Call me if you need an estimated value of your Property.
Call me if you want to see a map with what is in the Construction Pipeline for Apartments.
Prefer cell: 520-975-5207, or email me walterunger@ccim.net. CLICK HERE TO VIEW ALL MY LISTINGS.
Check out my professional profile and connect with me on LinkedIn.
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207
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