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PCC-adjacent apartments sold for $33M, to be repurposed away from student housing

PCC-adjacent apartments sold for $33M, to be repurposed away from student housing
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Texas-based Builders FirstSource acquires Arizona building materials supplier for $400M

On Monday, May 24, Texas-based building supplier Builders FirstSource announced it entered into an agreement to acquire Cornerstone Building Alliance (also known only as Alliance), the largest independently operated supplier

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Tucson ranks among hottest rental markets in nation

Itâs no news that Tucsonâs housing market is firmly in sellersâ hands; houses for sale can receive more than a dozen offers in their first days on the market, often for tens of thousands more than their asking price. But a new report from RENTCafÃ© indicates that mid-sized markets such as Tucson are also leading in rental competitivity, fueled by the housing market.Â The market report, âThe Hottest U.S. Rental Markets: Mid-sized Hubs Take the Lead in Competitivity,â found that 96% of apartments in Tucson are occupied with an average of 14 prospective renters per apartment, placing Tucson as the 15th most competitive rental market in the nation. This ranks Tucson alongside cities like Colorado Springs, Boise and Sacramento.Â

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