category archive listing Category Archives: Phoenix

Fantastic High Rise Rental in Downtown Phoenix

Will Daly | We Know Urban Realty | (602) 989-6788 310 S 4th St Unit 1006, Phoenix, AZ 10th Floor High Rise Downtown Phoenix with Incredible Views 2BR/2+1BA Condo $1,900/month Bedrooms 2 Bathrooms 2 full, 1 partial Sq Footage 1,412 Parking 2 dedicated Pet Policy No pets Deposit $2,300 DESCRIPTION Fantastic 10th floor condo with [...]

FOR RENT – Modern Loft Near Midtown and Biltmore Corridor

Will Daly | We Know Urban Realty | (480) 510-8755 4507 N 12th Street #4, Phoenix, AZ Very modern and VERY cool row house near mid-town Phoenix. Steel, exosed block, walnut, stone and a ton of style! 2BR/2+1BA Condo $1,990/month Bedrooms 2 Bathrooms 2 full, 1 partial Sq Footage 1,605 Parking 2 dedicated Pet Policy [...]

Downtown Phoenix Condos for Rent

The high rise condos at 44 Monroe have been leasing quickly for the last six months and the building is now about half full. There are a number of things that we like about this building; almost every condo has great views, with few exceptions the floor plans flow well and make a lot of sense, [...]

Phoenix, Scottsdale and Tempe Urban Market Update Q1 – 2011

The condo market has definitely picked up some steam coming into 2011.  While foreclosures and short sales continue to make up over 2/3 of the sales, “re-newed” condo sales are steady to strong in some buildings. Over the last year and a half, numerous fractured condo projects changed hands, relieving most debt and introduced new [...]

Updated Prices for 44 Monroe.

“Traffic” at 44 Monroe is hectic with a lot of people touring the building and signing leases.  The first We Know Urban Realty client moves in next week.  As one would expect, with all the attention 44 Monroe is getting the owners are starting to tweak prices…. nothing major yet, just fine tuning so far. [...]

44 Monroe is now renting!

Last year, a private equity firm, ST Residential, purchased a large portfolio of distressed condos from the FDIC. Part of that portfolio included the remaining unsold units at the 44 Monroe high rise condo tower in downtown Phoenix. Near the end of the year, ST began marketing the condos for sale but for one reason [...]

Can a New Buyer Rent Out Summit at Copper Square?

On December 1, 2010 the Phoenix Business Journal reported that the 75 unsold condos at Summit at Copper Square were “within days of being sold.”  Word is that the deal has fallen through. In the article two of my competitors mentioned that the best option for the unsold units was to rent them.  This led [...]

Landmark on Central Condos – Not So Hot

We Know Urban Realty has been luke warm on Landmark on Central High Rise Condos for some time, largely due to reported problems with the infrastructure of the building. In fact, on our Landmark on Central info page we flat out say that we won’t represent people looking to buy there until they educate themselves [...]

44 Monroe Update

Early this year Starwood Capital and partners purchased a portfolio of condominiums once valued at $4.5 billion from the FDIC which had taken over the assets from the failed Corus Bank. Now Starwood et al and the FDIC are partnering to sell off those condo communities under the name “ST”. One of the communities is [...]

44 Monroe is Coming Back!

About ten days ago, Starwood purchased the remaining 185 condominiums at 44 Monroe for approximately $10M.  We have not verified the sales price but IF that number is correct, and we believe it is, then Starwood got a smokin’ deal at approximately $54,000 per unit.  This is great news for Phoenix urban living in general and downtown Phoenix specifically. Prices [...]

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