Aug. 3 | NP News alert

LA real estate investment firm came to Arizona this week with the $7.25 million purchase of a 280-unit apartment complex just west of Mall in Phoenix.

Phoenix is expected to grow, companies flock to the valley in hopes of taking advantage of the warm weather.

But don’t plant your palms trees too soon, experts say the housing marketing is still weak, let’s hope things straighten out sooner then later.

Ice tea anyone?