Karen Schutte

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Berkadia Negotiates $69M Bella Grace BTR Property Sale in Chandler

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Bella Grace, a 194-unit BTR community in Chandler, AZ Chandler, Arizona  (November 13, 2025) – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Bella Grace, a 194-unit, horizontal build-to-rent (BTR) community located in Chandler, Arizona. Senior Managing Directors Mark Forrester and Ric Holway, Managing Directors Dan Cheyne and […]

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Private-Sector Employment Gains Keep Property Owners Focused on Consumer Resilience

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Labor growth returns, but momentum remains uneven. (November 13, 2025) — Despite the government shutdown, private-sector employment remains an essential barometer for investors and policymakers. The latest ADP National Employment Report showed a modest rebound in October, with private employers adding 42,000 positions after two months of contraction. Gains were concentrated in the trade, transportation,

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Enterprise Bank & Trust Expands into Tucson with Acquisition of First Interstate Branches

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TUCSON, AZ (November 12, 2025) — Enterprise Financial Services Corp (Nasdaq: EFSC), the holding company of Enterprise Bank & Trust (EB&T), has completed the acquisition of twelve branches from First Interstate Bank (Nasdaq: FIBK), marking a significant expansion of Enterprise’s presence across Arizona and the greater Kansas City metropolitan area. The transaction adds ten Arizona

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