Commercial Real Estate & Business News – June 5, 2023

Phoenix was ranked as the fourth-best market for new college graduates, according to a recent Zillow study. The Valley of the Sun was able to reserve a top spot due to an abundance of job openings, cementing it as a place of opportunity for recent grads, according to…»

A northwest Phoenix apartment development near the Taiwan Semiconductor Manufacturing Co. plant got zoning approval for 226 units from the City Council Wednesday night. The project at 17th Avenue and Happy Valley Road has drawn criticism from…»

The Riverview area may get a dense apartment complex between the Mesa Riverview Mall and Riverview Park that backers say will create a higher standard for apartment designs in Mesa.Last week the city Planning and Zoning Board signed off on the…»

Change in renter-occupied households in the Phoenix area, by income. Apartment developers looking to attract high-income renters say they’re thinking beyond gyms and pools when it comes to amenities. We’re talking rooftop dog parks, coworking…»

After years of surging home prices and more renters staying away from a mortgage commitment, the construction of single-family homes built solely for renting is breaking records. And Phoenix is leading the way, ranking No. 2 in U.S. as build-to-rent homes reached a…»