Last days of the Borgata

The Borgata of Scottsdale, an upscale shopping landmark on the border of Scottsdale and Paradise Valley, has been sold to a local homebuilder with plans to redevelop the site into a luxury condominium community.  Read more:  http://www.azcentral.com/arizonarepublic/business/articles/2012/09/28/20120928last-days-borgata.html

LifeLock reveals finances pre-IPO

LifeLock Inc., a Tempe firm that helps consumers combat identity theft, has aired some of its own financial laundry in anticipation of a planned stock sale.  Read more:  http://www.azcentral.com/business/articles/2012/09/28/20120928lifelock-reveals-finances-pre-ipo.html

Home prices rose in July in 20 major US cities

WASHINGTON - -- Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures.

The Standard & Poor's/Case Shiller index reports that national home prices increased 1.2 percent in July compared with the same month last year. That's the second straight year-over-year gain after two years without one.

Read more:  http://www.azcentral.com/business/realestate/articles/2012/09/25/20120925home-prices-rose-july-major-us-cities.html

Radar Logic: Home Prices Hit Peak in July, Distressed Sales Plunge

Home prices have hit their peak for the year, and the price increases seen earlier this year are slowing down, according to the latest data from Radar Logic.
http://www.dsnews.com/articles/radar-logic-home-prices-peaked-in-july-distressed-sales-make-steep-drop-2012-09-26

34,000 in Ariz. get mortgage aid

The latest data on the federal housing aid program known as Making Home Affordable shows nearly 34,000 Arizona borrowers have received permanent loan modifications to help them avoid foreclosure through the Home Affordable Modification Program.
Read more:  http://www.azcentral.com/business/realestate/articles/2012/09/19/20120919-ariz-get-mortgage-aid.html

Phoenix-based Vestar buys Calif. retail center for $84.8M

Phoenix-based retail property developer and management firm Vestar has acquired a nearly half-million-square-foot retail center in Riverside, Calif., for $84.8 million, the company said Wednesday.

The acquisition of Riverside Plaza, a 475,211-square-foot retail center on 35 acres, was a joint venture with a fund advised by Swiss mutual-fund manager UBS Global Asset Management, the company said.

Read more: Phoenix-based Vestar buys Calif. retail center for $84.8M

Phoenix-area rental homes a red-hot commodity

Crowds of people swarming open houses. Multiple bids on properties from desperate home seekers. Palpable fear over losing the "right" place to a ravenous market.
Read more:  http://www.azcentral.com/business/realestate/articles/2012/09/04/20120904phoenix-area-rental-homes-red-hot-commodity.html