category archive listing Category Archives: What’s New

New Urban Residences Proposed for Downtown Scottsdale

The Arizona Republic recently reported that a Dallas based developer is proposing building 369 apartments in downtown Scottsdale, located immediately northwest of Optima Camelview Village, to be called Portales Apartments. The plan had been to build 126 high rise condos, to be named Portales Place, on the site but that failed with the real estate bust. Although I would [...]

Help Wanted!

We Know Urban Realty is looking for another hard-working energetic agent to work with our ASU rental prospects.  We average about 70 rental requests every single week and frankly our agents are exhausted trying to keep up.  If you currently have, or are in the process of getting, your real estate license and are interested in working with [...]

Green Lecture With an Urban Twist

Just learned about this upcoming lecture.  Sounds interesting.  I’ll be there!  If anyone lives in the midtown area and wants to carpool then call the WKU number, extension 4 and leave a message. Will Daly LIVING WITH THE SUN – VALLEY STYLE Clean American Transportation and Valley of the Sun Applications Date: Thursday, July 21st, [...]

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 [...]

Ten Wine Lofts is Rockin’… Literally

Ten Wine Lofts in Scottsdale is another boom/bust building that has emerged from bankruptcy and is much better for it.  The new owners are really putting a lot of time, money and energy into completely redoing the place. The pool is literally being jack hammered up and will be completely redone by the end of [...]

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 [...]

Ten Wine Lofts Turning Rental

This won’t be a big surprise to anyone but it’s still relevant to this site/blog. Ten Wine Lofts, the urban condo community at roughly Osborn and Scottsdale Road has been converted to apartment rentals and is expected to be on the market in early 2011.  An investor purchased the community after the original developer and [...]

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 [...]

We Need A Rental Agent!

Looking for a hard-working energetic agent to work with our ASU rental prospects.  We get any where from 40 to 75 rental requests every single week and we need help.  If you are interested in working with our ASU student leads then give me a call at (480) 510-8755 Ext 4.  Will Daly

Lake Front Condo for $390,000!

I just learned that a two bedroom, decked out, Edgewater at Hayden Ferry Lakeside condo with over 1600 square feet will be hitting the market at $390,000 very soon (no it’s not on the ground floor).  I’m not saying it’s a steal as it’s very tough to determine “market value” in today’s kooky real estate market but [...]

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