category archive listing Category Archives: Scottsdale

Optima Camelview Village Seeing Trouble

March 21, 2009 – 9:49 am

Using tax records and MLS data we see that sixteen condos at Optima Camelview Village in Scottsdale have been foreclosed upon and are now bank owned.  Of those, eleven are on the market for sale by the lender.  There is no way for us to know how many of these will ultimately go into foreclosure [...]

By Will Daly | Also posted in Market Update, Trouble | Comments (9)

Optima Bank Owned and Short Sale Tour

February 15, 2009 – 7:08 am

Yesterday’s tour of bank owned and short sale condominiums (we’ll have phots from the tour posted in a couple days) for sale at Optima Biltmore Towers and Optima Camelview Village was a great success.  In general, the feedback from the sixteen tour attendees was that prices are now starting to make sense and that it [...]

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

W Hotel is shining, but has 30 Liens

January 13, 2009 – 3:00 pm

For namesake, we wont discuss the actual W Hotel name in this blog, because they are merely the operator of the building, and do not own any part of the land or major stake with the contractors. Nearly 30 liens have been placed on the property (W Hotel) since its September debut and the threat [...]

By Mitch | Also posted in Trouble | Comments (2)

What’s Going on in Urban Living

January 9, 2009 – 11:49 am

Tempe – The City of Tempe reports having the best quarter for building activity ever for the fiscal year.  This is mostly due to the new permits drawn for student housing and other construction projects along Apache Boulevard. This week WeKnowUrban added a new link on its Tempe page that shows all foreclosure, short sale, and bank [...]

By Will Daly | Also posted in Phoenix, Tempe, What's New | Comments (1)

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 [...]

By Will Daly | Also posted in Lofts, Trouble | Comments (4)

Solis Hotel moved to October 22 agenda

October 24, 2008 – 11:28 pm

The intersection of Scottsdale and Camelback roads is one of the hottest areas in the valley, especially now after the opening of the W Hotel & Residences. Another project, formerly called Waterview, is now planning to bring a five-star hotel to the region. The Solis Scottsdale Resort was on the Scottsdale Planning Commission agenda for [...]

By Mitch | Also posted in In-Fill Developments, What's New | Comments (1)

This Just In…We’re Visiting CityNorth

October 17, 2008 – 6:20 pm

Saturday’s high rise and loft condo tour was scheduled to visit Astragal, among other properties. But instead, we just made arrangements to visit CityNorth. CityNorth is a gigantic mixed use community at 56th Street just north of the 101 (just south and east of Desert Ridge). It’s going to have a similar feel to Kierland [...]

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

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 this North Scottsdale [...]

By Will Daly | Also posted in High Rise Condos, Lofts, Tour | Comments (1)

North Scottsdale High Rise and Loft Condo Tour

October 9, 2008 – 12:52 pm

Our next tour is fast approaching and we are close to selling out. At 10:00am, Saturday, October 18th, we’ll board a bus for our first tour of urban living in North Scottsdale. I know it sounds like an oxymoron but believe it or not there are a number of very cool and very dense communities [...]

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

Scottsdale Condos Scrapped for Hotel

October 4, 2008 – 10:08 pm

Earlier we had written that a very high end condo community was scheduled to be built in the heart of the water front district in downtown Scottsdale. The site is located west of Scottsdale Road, south of Camelback Road, on the south bank of the canal just west of the pedestrian bridge. Well, plans have [...]

By Will Daly | Also posted in In-Fill Developments | Comments (2)
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