Local apartments sold in $17 million Southwest deal
David R. Johns, Inc. buys Maya Apartments and Ciento East and West along with The Abrigos The Columns La Paz and La Quinta complexes in Arizona and Tucson from Wm. Lyon Development Corp. The roughly 1 000 units will be completed this summer with moderate rents and high standards. Johns touts unique finishing plans and extensive amenities including basketball rooms saunas and covered parking. Rental offices are open and initial tenants begin moving in amid landscaping upgrades valued at over half a million dollars.
MENTIONED IN THIS ARTICLE
Scottsdale
David R. Johns, Inc
Southwest
Camelback Road
Ciento
68Th Street
Osborn Road
Abrigos
W. Campbell Ave
45Th Ave
la Paz
Country Club Drive
Tucson
la Quinta
Fifth St
Wm. Lyon Development Corp
David Johns
Arizona
Johns
Lyon
Wm. Lyon
Vic Frandsen
Lyn
New Mexico
Nevada
Frandsen
Department of Housing and Urban Development
Wm. Lyon Development Co
Maya Apartments
Real Estate and Construction Highlights
Real estate market activity and construction notes from Scottsdale area. Property listings, new developments, and building permits discussed with brief timelines and local business context. Includes occasional project updates and statutory notices relevant to buyers and developers.
Existing single family homes favored as buyers peak in August
Realtor J. R. Sanderson, Scottsdale Real Estate Board president, notes homeowners spent about 9.5 billion nationwide last year on repair and improvement. He says existing homes offer proven quality, more extras, and greater value than new construction, with August peak for buying and selling. The market shows 2 million units built annually while two to three times as many families choose existing homes.
MENTIONED IN THIS ARTICLE
J. R. Sanderson
Scottsdale Real Estate Board
Sanderson
National Association of Real Estate Boards
Real Estate Broker Prep Courses Offered at ASU
ASU announces a two part Real Estate Broker Preparation Program with 45 hours per segment totaling 90 hours. Sessions run 6 30 to 9 30 p m on 15 weeks, Sept 7 and Feb 1 1972. Enrollment $100 per segment or $200 for both. completion required for state certification.
MENTIONED IN THIS ARTICLE
Arizona State University
State Real Estate Board
Arizona Association of Realtors and Realtor Institute
Center For Executive Development
College of Business Administration
NAHB Leader Endorses Nixon Anti-Inflation Plan
John A. Stastny president of the National Association of Home Builders announced support for President Nixon's anti-inflation actions. He praised the steps as bold and logically decisive to curb inflation and maintain a healthy growing economy for over 54,000 NAHB members nationwide.
MENTIONED IN THIS ARTICLE
John A. Stastny
National Association of Home Builders
Nixon
Government upbeat on 1971 housing surge expects record build
Washington economists forecast 1971 will be the best home building year since World War I despite higher mortgage rates. Officials cite abundant savings inflows to savings and loan lenders and government subsidies to sustain activity.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixor Administration
Harold C. Passer
Commerce
Passer
Michael Sumichrast
National Association of Home Builders
NAHB
Sumichrast
Harris Friedman
Federal Home Loan Bank Board
Foreign views slated for NAHB conference in Chicago
Foreign experts from Germany Sweden Mexico and Canada join U S panelists for the National Association of Home Builders International Apartment Conference to be held Sept 23 26 at the Conrad Hilton Hotel in Chicago. Topics include high density Berlin housing design luxury apartments and planning for profit alongside about 60 U S programs on finance land development zoning marketing architecture and management.
MENTIONED IN THIS ARTICLE
ASU
Phoenix Realtors
Center For
Washington
National Association of Home Builders
Chicago
Conrad Hilton Hotel
NAHB
John A. Stastny
Mexico
Canada
Berlin
Rolf Schwedler
Germany
Stockholm
Sweden
Mexico City
Harold Shipp
Housing and Urban Development Association of Canada
Alberto Franco
Branko Salas
The
Federation of Swedish Building Employers
Camara “Nacional de la Industria de la Construccion
Also Mentioned on This Page
Southwest Company
Scottsdale Daily Progress
U.S
Kurt Strendlenerp
Pedro Ramirez Vasquez
United States
Apache Stone Co
E. McDowell
E.'Indian School
North Central Avenue
Phoenix