Commercial Real Estate & Business News – April 6, 2023

The Fed will not stop hiking rates until it sees the unemployment rate spike, the banking system won’t collapse and there won’t be a recession in 2023—but whatever you want to call it will walk like a recession, talk like a…»

Phoenix-based developer George Oliver, known for its cutting-edge office redevelopments, has unveiled plans for Bond, a $52 million renovation that will transform the landmark Biltmore Commerce Center into a…»

Steadily rising mortgage rates throughout last year put a damper on home purchases. Rising home prices coupled with higher financing costs priced many potential buyers out of the market. But so far this year, rates have…»

D.R. Horton Inc. (NYSE: DHI) launched a soft opening of its Radiance at Superstition Vistas master-planned community that eventually will boast 5,000 homes in the far East Valley. Two models are open at Radiance, which is…»

Over the last three years, Covid-19 extended the timeline for residential and commercial real estate projects to be completed–and its aftereffects continue to slow momentum. The multifamily housing category has been…»