May 21, 2013 12:00 am
Sales • Cornerstone Hospital of Southeast Arizona LLC of Dallas bought a hospital at 7220 E. Rosewood St. for $7 million. The seller was MPT of Tucson LLC of Birmingham, Ala. • El Molinito purchased a 7,295-square-foot building at 10180 N. Oracle Road in Oro Valley from SPCP Group IV LLC for $1.2 million.
May 17, 2013 12:00 am
The virtue and financial sense of homeownership - and the second-class status of renters - are pervasive ideas in America, but housing experts are reconsidering the conventional wisdom. "We have one long-standing paradigm, that mortgage-based homeownership is the solution," said Jane Zavisca, associate sociology professor at the University of Arizona. Homeownership can provide an increased sense of stability, more community involvement and social capital, and it can have health benefits for those who have good equity in their homes, research shows.
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