Tag Archives: John Cunningham

Congratulations to our 2017 Top Producers

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We are proud to recognize these outstanding professionals for their commitment to developing enduring client relationships built on excellent service, collaboration and trust. Their collaborative efforts to make sure their clients achieved their goals are truly a representation of our culture at JLL.

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Phoenix multifamily led secondary market activity in Q2 2017

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Optima Kierland

The significant decline of transactions in primary markets has sustained strong liquidity in secondary and even tertiary markets. As a result, secondary markets comprised 44.6 percent of total multifamily transaction volumes at midyear, a record for this indicator if analyzing the past nearly two decades. Phoenix and Denver led… Read More

Phoenix one of six West region markets to drive multifamily rent growth

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Kitchen and living room of loft apartment

As multifamily rent growth begins to slow among the nation’s biggest markets, a few markets are maintaining their strong performance and driving positive trends over the forecast horizon. Phoenix is one such market in the West region that is expected to outperform due… Read More

U.S. multifamily sales maintain their accelerated pace, driven by secondary markets like Phoenix

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multifamilyq3investmentoutlookjpg-v2The national multifamily market maintains its momentum after another quarter of declining vacancy, steady absorption gains, and rising rents. All of these positive indicators continue to fuel investment activity as 2016 is on pace to exceed last year’s peak volume. Many of the national themes driving the multifamily market… Read More

JLL’s John Cunningham featured on GlobeSt.com about Phoenix’s multifamily market

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Cunningham_John P_ColorJLL Executive Vice President John Cunningham recently sat down with GlobeSt.com for an exclusive interview in their article “What Is Fueling Multifamily Demand In The Southwest?” In the article, Cunningham discusses how job growth is a positive factor for multifamily demand in the Phoenix market, a result of the recovery of housing prices.

“As jobs continue to flock to Southwestern markets, the multifamily sector will

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National homeownership rates increase for the first time in two years

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US-Homeownership-Trends-Q3-2015-JLLThe following are highlights from JLL’s recently published Q3 U.S. Homeownership Trends report.

Homeownership inches up to 63.7 percent in the third quarter

  • This figure is 30 bps higher quarter-on-quarter; 70 bps lower year-on-year
  • Homeownership rates across geographies have fallen by 30 bps or more in the past year, led by a
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Institutional-Quality Multifamily Asset Snapped Up in Scottsdale

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JeffersonSimpson Housing, LLLP purchases Jefferson on Legacy

Highly amenitized multifamily opportunities continue to garner top billing among developers and investors. In an off-market deal, Simpson Housing, LLLP purchased Jefferson on Legacy, a 322-unit multifamily property located in Scottsdale, Arizona. JLL’s Capital Markets experts brought the new buyers to the table after securing… Read More

JLL’s Vantage Lofts Sale Achieves Record Per-Unit Price for Metro Las Vegas

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VantgageBest-in-class project and improving market fundamentals combine to fetch more than $345,000 per unit

A highly amenitized, core-plus luxury development combined with a reinvigorated institutional investor market this week to achieve the highest per-unit multifamily sale price in the history of metro Las Vegas. On behalf of Goodman Real Estate, JLL’s Capital Markets experts today announced the $39 million sale of Vantage Luxury Flats… Read More

JLL’s John Cunningham featured in the Phoenix Business Journal on Phoenix’s multifamily cresting pipeline

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2014-John-CunninghamThe Phoenix Business Journal featured JLL Phoenix’s John Cunningham in their article ‘Apartment development wave may have crested.’

John Cunningham, Executive Vice President, Multifamily, was interviewed on the current downturn in the post-recession multifamily market. He was featured sharing his thoughts on how Phoenix is viewed as a value market where landlord and investors can buy more for… Read More

Apartments likely to become more popular as West Valley cities develop urban downtowns

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JLL brokered $4.73 million sale of Main Street Lofts at Verrado in Buckeye

JLL brokered the $4.73 million sale of Main Street Lofts at Verrado in Buckeye

In a recent article published by the Arizona Republic, Jones Lang LaSalle’s Phoenix multifamily expert, John Cunningham, discussed the recent sale of Main Street Lofts… Read More