May 2015

HERMOSA INN RESORT IN PARADISE VALLEY SELLS FOR $18.75 MILLION ($535,714 PER ROOM)

        “Courage is resistance to fear, mastery of fear – not absence of fear.” -Mark Twain     Paradise Valley – Allred Capital LLLP in Colorado Springs, Co. (Ronald Allred, principal) paid $18.75 million ($535,714 per room) to purchase The Hermosa Inn, a 35-room boutique hotel in Paradise Valley. The acquisition included …

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GRIFFIN CAPITAL SPENDS $91.5 MILLION TO BUY TWO MORE AMEX OCCUPIED BUILDINGS

          “As a general rule, the most successful man in life is the man who has the best information” Benjamin Disraeli     May 12, 2015 Phoenix – Companies formed by Griffin Griffin Capital Essential Asset REIT in El Segundo, Calif. paid a combined $91.5 million (blended average of $178.24 per foot) to …

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So. Calif.-based investor enters market with $47M purchase of 392 apartments

        I will either be famous or infamous.   Posted by Philip Haldiman / May 12, 2015 Three tenant-in-common (TIC) companies formed by Khosro Khaloghli in Costa Mesa, Calif. paid $47 million ($119,899 per unit) to buy the 392-unit Stone Canyon apartments located at 5210 E. Hampton Avenue in Mesa. The sellers …

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Porsche’s incredible $100 million US headquarters is an amusement park for adults

        Start with what is right rather than what is acceptable. Franz Kafka     BENJAMIN ZHANG  MAY 8, 2015, 9:04 PM The next time you find yourself flying into Hartsfield-Jackson Atlanta International, take a look at the northeast corner of the airport. There you’ll find a groovy-looking building with sports cars …

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Why Phoenix Arizona ?

    “Don’t wait. The time will never be just right.” — Napoleon Hill:     May 2015  :  Phoenix is located in the heart of the fastest growing and most dynamic metropolitan area in the country with a population of over 4 million people.Phoenix has a population of 1.6 million and is the fifth …

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