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Metro Phoenix’s housing crunch has many renters searching for homes they can afford, but there are far too few of them. Arizona’s minimum wage of $12.80 an hour is only about half of what renters need to pay for a basic Valley apartment now, according to new research.

Greenlight Communities is announcing two new charity efforts for the month of July in partnership with the Arizona Builders Alliance and Kids in Focus. A part of the Greenlight Gives Initiative, which representatives say is an ongoing effort to give back to local neighborhoods, the local homebuilder is providing $6,200 divided between the two 501(c)(3) nonprofit organizations.

Commercial real estate in Arizona is in the midst of an unprecedented run. Ever since early 2020 when the coronavirus pandemic rocked the business community, the commercial real estate industry in Arizona came up with innovative ideas for not only surviving, but thriving. That kind of cutting-edge innovation is evident in the recent commercial real estate projects that are changing the landscape of Arizona.

A new housing community geared toward working class residents will soon be going up on Tucson’s south side. Scottsdale-based Greenlight Communities and Tucson-based Holualoa Cos. plan to build Cabana Bridges, a 288-unit complex at The Bridges, the mixed-use development near Park Avenue and Interstate 10.

Scottsdale-based Greenlight Communities and Holualoa Cos. are developing Cabana Bridges, an apartment property located within the 350-acre Bridges mixed-use development in Tucson. Greenlight acquired the land site in early October for $3.4 million and plans to start construction in the upcoming weeks.

Greenlight Gives is teaming up with CASS for their Cool it! Heat Relief Drive to reduce the number of heat-related deaths among individuals experiencing homelessness.

Construction on Greenlight Communities’ second multifamily housing development in Goodyear is underway. When completed, Cabana Bullard will be the Scottsdale-based company’s largest project new-build to date.

The Phoenix metro area has some of the fastest-rising rental rates in the country, with eight cities in the region ranking in the top 100 in rate increases in a recent study. Fortunately, a Scottsdale-based company is working to counter this trend by creating a new multifamily residential product that is attainable for working families.

If it seems like there is a constant stream of construction news coming out of the West Valley, you’re not mistaken. The West Valley has been a hot spot for mega-projects. From housing to industrial to hospitality, the West Valley is bustling with current construction projects. Here are some of the West Valley construction projects,…

Apartment living is in high demand around North Central, where many new multi-family complexes are under construction and managers are leasing units at lightning speed. Experts say economic struggles and uncertainty about future employment caused by the COVID-19 pandemic and the desirability of the area are driving locals and people from other states to flock…