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Recent Announcements and Industry Buzz

Signs of Optimism

After enduring a nail-biting ride in 2022 caused by rising interest rates, builders and real estate agents are bullish again on the Valley's housing market.

Hotel, housing planned for remaining property at large Glendale site

Scottsdale-based developer Empire Group has finally landed some new commercial users for the remaining portion of a large site near Glendale's sports and entertainment district.

Churchill Provides $55M Build Loan for Phoenix BTR Developer

Churchill Real Estate provided $55 million in construction financing for Empire Group to develop the Village at San Tan, a 240-unit build-for-rent community in Queen Creek, Arizona.

Scottsdale developer buys land for luxury build-to-rent community

Scottsdale-based Empire Group of Cos. has paid $13.8 million for 27 acres of vacant land near the foothills of the San Tan Mountains in the southeast Valley.

Empire Group Building 287-Unit BTR Community in Phoenix Suburb

Scottsdale-based developer, Empire Group recently closed on a 27-acre parcel in San Tan, twenty minutes SE of Phoenix, for approximately $13.8 million.

Scottsdale developer to build rental community in San Tan

Scottsdale-based developer Empire Group recently closed on a 27-acre parcel in San Tan Valley for approximately $13.8 million.

Aimed at New Heigths of Luxury

Arro set to become the tallest building in Arizona