category archive listing Category Archives: Tempe

Good News for Centerpoint Condos

April 18, 2009 – 12:05 pm

The last year has been a rough time for most in real estate, but especially everyone tied to the Centerpoint Project in Tempe.  From the lender, Mortgages Limited Securities going bankrupt and their CEO committing suicide, to the teasing near completion of the soon to be iconic towers of Centerpoint Condominiums.  People have been waiting [...]

By Mitch | Also posted in High Rise Condos, Trouble | Comments (8)

Centerpoint Condos in Tempe Crafting Solution

April 9, 2009 – 10:27 am

The Arizona Republic reported today that the developer of Centerpoint Condominiums, the two high rise towers off Mill Avenue in downtown Tempe, is closer to finding a financial solution to its bankruptcy and the bankruptcy of its construction lender Mortgages Ltd. The plan calls for the developer to borrow another $43.3 million to complete the [...]

By Will Daly | Also posted in High Rise Condos, Phoenix, Trouble | Comments (2)

The Vale in Tempe is in TROUBLE

March 6, 2009 – 7:01 pm

With so many condo owners going into default on their mortgages, Home Owner Associations (HOA’s) are having a real problem with fee delinquencies.  In other words if folks aren’t paying their mortgage payments you can bet they aren’t paying their HOA fees.  In the past this simply meant that we agents had to review the [...]

By Will Daly | Also posted in Trouble | Comments (6)

Regency Condominiums Open in Tempe

February 28, 2009 – 11:50 pm

Thursday was the grand opening of Regency Condominiums on Lemon Street on the light rail in Tempe.  Its a  former apartment building converted into 44 studios and one bedroom condos starting at $179,000.  It’s a cool mid-century modern building with reportedly great finishes (we haven’t seen the interiors yet). It will be interesting to see how the sales [...]

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

Centerpoint Condominium Delay Hurts Tempe Businesses

January 14, 2009 – 3:28 pm

Some say that many businesses along Tempe’s Mill Avenue have struggled due to the delay of Centerpoint high rise condominiums.  Others claim that the slower economy is the reason for business slowing and closing on Mill.  What do you think?  W

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

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, Scottsdale, What's New | Comments (1)

Light Rail Celebration on Saturday, 12/27

December 24, 2008 – 12:13 am

Tempe, Phoenix, Mesa and METRO are joining together to throw a week long celebration of the opening of the new light rail system.  The kick-off will be this Saturday beginning at 10:00am and going until just after 6:00pm.  There will essentially be mini-block parties at almost every rail stop with food, music, vendors and light rail and [...]

By Will Daly | Also posted in Light Rail, Mesa, Phoenix | Comments (1)

Centerpoint in Trouble? Or Moving Foward?

December 16, 2008 – 3:20 pm

Centerpoint Condo Towers have been untouched for over six months now and were pretty much forced to file for bankruptcy, a growing trend among developers. Technically, the development company itself didn’t file for bankruptcy in this case, as they created a separate LLC for the project. After battling in court with the troubled lender Mortgages [...]

By Mitch | Also posted in High Rise Condos, Trouble | Comments (0)

Light Rail Celebration 12/27/2008

November 29, 2008 – 5:40 am

Join thousands and thousands of people as we celebrate the completion of the light rail on December 27th. Light rail tickets will be free and there will be something going on at almost every stop. Huge parties are being held in downtown Tempe, Phoenix and Mesa. WeKnowUrban has a booth at the Tempe event where [...]

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

Light Rail Celebration

November 25, 2008 – 9:08 pm

On December 27th the City of Tempe is throwing a huge party celebrating the opening of the light rail. The event is expected to draw as many as 250,000 people. One of the venues being offered is an Urban Experience tent where visitors can learn all about urban living in and around Tempe. WeKnowUrban will [...]

By Will Daly | Also posted in Light Rail | Comments (1)
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