Market Insights

Apartment Market and Sales Insights Seller’s perspective: Most owners have enjoyed a run up in apartment rents – so no strong urgency to sell. There is also a thought that interest rates will continue to drop. We continue to promote the strong merits of our population growth due to favorable economics, location plus the huge … Continued

Apartment Market and Sales Insights The Forte Apartments (see above) ran into more trouble than typical since the low cap rate (3.75%) purchase in 2022 used very high leverage with only $340,739 (6.38%) down with the balance via a private lender. We continue to forecast that we are near the bottom of the Apartment cycle. As the new … Continued

Apartment Market and Sales Insights The purchase of the Park View Apartments at their Trustee Sale was another of multiple Tides Equities properties that was not able to maintain sufficient cash flow due to the increased interest rate jump in mid-2022. Tides has already lost two properties in metro Phoenix and currently have two more … Continued

Apartment Market and Sales Insights Prompted by increasing AI-demand, TSMC recently announced plans to accelerate its capacity by acquiring more nearby land in north Phoenix. This will be in addition to their “gigafab” cluster, $165 billion microchip facility. TSMC is the largest direct foreign investment ever in the US. Surrounding the TSMC facility is the 2,300 acre, $7 … Continued

Apartment Market and Sales Insights Distresses Assets – Although the Fed dropped interest rates a quarter point last month and MF loan rates have come down a bit, many owners are still feeling the pain. For example, the number of CMBS loans on the watch list is 81. Loans on “watch list” are considered “at risk” … Continued

Apartment Market and Sales Insights With our unique down-stream location, 100+ years of proactive conservation, 45 years of aggressive water laws and on-going water sensitive measures, Metro Phoenix has plenty of water to sustain our projected development and population growth. Here’s some of the details. The drainage basin that feeds the Salt River, that flows into metro Phoenix, is … Continued

Apartment Market and Sales Insights New Apartment Construction Pipeline. As of the end of Q3 2025, there were 41,520 units under construction, of which 22,807 units are already in initial stages of being leased. Over the next year, most all will be absorbed. Here’s the good news: there are only 16,124 units Planned. Moreover, there were only 11,492 construction starts … Continued

Apartment Market and Sales Insights TSMC, as part of its $165 Billion investment, plans to expand holdings in North Phoenix – paving the initial need for more housing. The project, called North Park, is located directly south of TSMC’s current holding at I-17 and the 303, and will be in collaboration with PultyGroup. Subject to approval and … Continued