category archive listing Category Archives: Lofts

High Rise and Loft Condo Sales Jump in 2009

January 6, 2010 – 9:17 am

I just dug through some more MLS data.  As I’m sure all our readers would expect, the number of high-rise and loft foreclosures and short sales were way up this last year.
From January 1 to December 31, 2008, the total number of “distressed” sales of high-rise condos and lofts was 94.  These 94 properties took [...]

By Will Daly | Also posted in High Rise Condos, Market Update | Comments (25)

Portland Place Owner, Crescent, Responds

June 13, 2009 – 5:00 pm

I just received a copy of a letter written by the Chief Executive Officer for Crescent Resources addressing the bankruptcy.  I have cut and pasted the contents of that letter below: 
“June 9, 2009 
As you may know, the real estate industry has faced unprecedented economic challenges in the last year.  Crescent Resources is no exception.  In [...]

By Will Daly | Also posted in Foreclosure-short sales-REO's, Phoenix, Trouble | Comments (8)

Phoenix Light Rail is Growing

February 4, 2009 – 5:00 pm

We’ve added several new features to our Light Rail page.
You’ll notice that we have added two new buttons at the top right portion of the page, one FOR SALE and one FOR RENT.  If you’re looking to rent or buy along the light rail and want to see only high rise and loft condos no [...]

By Will Daly | Also posted in Light Rail, Tour, What's New | Comments (0)

X Wine Lofts on Hold

January 3, 2009 – 12:12 am

Completion of X Wine Lofts, an 82 unit condominium project on Osborn Road just west of Scottsdale Road, is on indefinite hold until Mortgages Ltd (lender) and Grace Communities (developer) work things out according to a December 27, 2008, Arizona Republic article.
Mortgages Ltd sued Grace Communities claiming the developer defaulted on a $32 million loan [...]

By Will Daly | Also posted in Scottsdale, Trouble | Comments (2)

Last Chance to Join the North Scottsdale Tour

October 17, 2008 – 8:57 am

We still have a few seats left for tomorrow’s tour. At 10:00 am, Saturday, October 18th, we’re boarding a bus to visit Plaza Lofts at Kierland Commons, The Landmark at Kierland and Astragal. These are fantastic communities in a top notch area and are well worth checking out. Believe it or not [...]

By Will Daly | Also posted in High Rise Condos, Scottsdale, Tour | Comments (0)

Bank Owned High Rise Condos and Lofts in Phoenix, Scottsdale and Tempe

September 8, 2008 – 11:57 am

See a complete and current list of bank owned and short sale high rise condominiums and lofts located in Phoenix, Scottsdale and Tempe.
It’s been about four years since prices first began sky rocketing and two and a half years since those prices slowly began floating back down to earth. Many of the urban “boom [...]

By Will Daly | Also posted in Foreclosure-short sales-REO's, High Rise Condos, Hot Deals, Phoenix, Scottsdale, Tempe | Comments (0)

Only 2 Seats Left on Dowtown Phoenix High Rise and Loft Tour

September 5, 2008 – 9:00 am

The next High Rise and Loft Tour (sponsored by WeKnowUrban.com) is almost sold out. The tour will be held Saturday, September 13th, will cover high rise and loft condos in Dowtown Phoenix, and will include 44 Monroe, Summit at Copper Square, Downtown Stadium Lofts and PRD 845.
To learn more about the tour in general [...]

By Will Daly | Also posted in High Rise Condos, Phoenix, Tour | Comments (0)

Downtown High Rise and Loft Condo Tour September 13th

September 2, 2008 – 4:44 pm

On Saturday, September 13, 2008, at 10:00am, WeKnowUrban and a bus load of urban enthusiasts will tour the hottest high rise condo buildings in downtown Phoenix. This month’s itinerary includes 44 Monroe, Summit at Copper Square, Downtown Stadium Lofts, and Artisan Parkview Row Houses. Ticket prices are only $7.50 for the general public [...]

By Will Daly | Also posted in High Rise Condos, Phoenix, Tour | Comments (0)

W Hotel offers 18 ultra-luxurious penthouse condos

August 30, 2008 – 6:45 pm

Developers of the very soon to open W Hotel in Scottsdale, Triyar are offering 18 luxury condos on the top floor of the seven story hotel. Prices for the condos are starting at $1.2 million for 1,100 square feet, equaling out to a whopping $1,090 per square foot. The largest penthouses are 2,600 [...]

By Mitch | Also posted in Scottsdale, What's New | Comments (0)

Light Rail Update in Phoenix

August 2, 2008 – 7:54 am

This is a long way off but a new study has been ordered to research the feasibility and need for a passenger rail line running along Grand Avenue from the soon to be completed light rail system to Wickenberg.
The study will take about a year and should answer such questions as costs, infrastructure options, projected [...]

By Will Daly | Also posted in Light Rail, Phoenix | Comments (0)
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