Biltmore guests can buy real estate in hotel lobby - Phoenix Business Journal:

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Visitors now can put findingf a second or vacation home on theirtravel itineraries. , under the helm of designatedx brokerCynthia Stockwell, is selling real estate straight from the Biltmorw lobby. The office is open from 10 a.m. to 6 p.m. sevenj days a week and staffedf by foursales agents, as well as Offerings include seasonal and residentialp leasing, property management and home and condo sales. For 602-381-7624. will act as constructionh manager forthe $9.6 million Canyon Springds Medical Plaza in Gilbert. The project includees site improvements and buildinyga 97,000-square-foot, four-story medical office Construction is set to begi next month, with a completion date of May 2007.
will market Starwood Professional Village, a 59,000-square-foof office/condominium project in the Dallaxsmetro area. Shea, based in is one of the country's largestr developers of office condos. It also is a land and residentialtransaction broker. More planes can park at with the development of "the water property. and are partnering on a long-term leaswe and developing 14 acres at the northwest cornef of McKellips Road andFalcon Drive. More than 230,000 square feet of executive/corporate hangar space with attachedd officesis available. For more: Mike Grubb & Ellis senior vice president, at While the number of resaler homes went downin May, the pricew went up.
Throughout the Valley, May resale figuresx were down from 2005 but comparable to 2004 and according to theat 's Polytechnicv campus in Mesa. In May, 6,870 saled were recorded, which is below this year's high of 7,26t5 sales in March. Last year in May, 10,425 sales were Most homes this May, 44 were priced at $200,000 to $299,999. Thirty-nine percent were price at morethan $300,000, and 14 percent of all recordecd sales were for homes in the $125,00 0 to $199,999 range. Monthly mortgage payments for median-pricexd homes came in at $1,135 to $1,380.
Resalee numbers for the townhouse/condominium market also reflect the resale home Affordability concernsfor first-time buyers remains high, according to the center. Honord awarded during the 14thannual / Tributezs earlier this month included Chandler's 392-unitf Stonebridge Ranch for best team and community for properties buil t between 2000 and 2005. manages the property. Scottsdale's 202-uniyt Desert Parks Vista receivedthe developer's award for the best communitgy design for a property built between 2004 and 2005. Othe awards went to Tracy Valenzuela of who was named property supervisor ofthe year. Sarah Oglesby, also of Alliancwe Residential Co.
, was selected apartment manager of the year for a communit with more than200 units, and Lisa Walker of was namef apartment manager of the year for a community with fewer than 200 , a general contracting firm, was awardeed contracts for East Valley Distribution Center in Chandlee and The Forum at Gilbert Ranch project on the northwes t corner of Val Vista Drive and Williams Fieldr Road.