Multifamily

Cavasson

Senior Living, Apartment Complex Among Next Planned In North Scottsdale Cavasson Project

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A residential health care facility and a 400-unit apartment complex are among the next planned developments at Cavasson, the master-planned development in north Scottsdale. Vi at Cavasson will include a four-story main building several other buildings with villas and amenities, according to documents submitted to the city of Scottsdale. The plans call for the facility …

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LevRose CRE Multifamily

LevRose Commercial Real Estate Expands Service Offerings to Include Multi-Family Investment Sales

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Acquisition of 75-unit investment property brings growth to LevRose portfolio.  Scottsdale, Arizona (December 21, 2020) – Scottsdale-based brokerage LevRose Commercial Real Estate is expanding its service offerings to include multifamily investment sales, and announced the closing of its first multifamily deal. Pueblo Springs Holdings LLC, an investment group based in Vancouver, Washington, bought the Pueblo …

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A full-service lease is a lease that has one, all-inclusive rental rate which includes both the base lease rate and the operating expenses combined into one figure.

A modified gross lease is a lease where the tenant pays base rent at the lease’s inception, but it takes on a proportional share of some of the other costs associated with the property as well, such as property taxes, utilities, insurance, and maintenance.

A triple net lease is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.

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