Real estate news
IHP Capital Partners, a national real estate investment firm, and Värde Partners, a global alternative investment firm, formed a joint venture to buy the remaining 3,721 acres of land within the 7,100-acre Vistancia master-planned community.
A small but contentious group of residents showed up for an informal meeting April 27 with representatives of the city and of Dominium, developer of the proposed Promenade affordable housing apartment development in Surprise.
Here’s another sign home inventory in Peoria and beyond is at an extreme low — another housing community in the city is nearing sold out levels.
The Surprise Planning and Zoning Commission recommendation of disapproval for rezoning of Enclave IV at Paloma Creek on April 15 will also change the time line for that 10-acre parcel’s potential annexation.
Two of the top three homes sales in Peoria topped $1 million for the week of April 21-28, and all were in the 85383 ZIP code, the city’s luxury home hot spot, according to Realtor.com. The …