Commercial Real Estate & Business News – October 24, 2024

Three of the most popular retailers in the country, Walmart, Target and Costco each call upon distinct strengths and strategies that cater to their unique customer bases, allowing them to thrive in a highly competitive market, according to a new Placer.ai white paper. Titled Retail Giants in…»

Mesa City Council has approved four key items to make way for a new auto mall in the southeast part of the city. Council voted 5-0 at its Oct. 21 meeting to approve general plan character area type, a land rezoning, a development and pre-annexation development agreement for…»

The U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund announced on Wednesday that it has awarded 48 organizations a total of $246.4 million to develop affordable housing and community facilities. The funding is expected to result in…»

The U.S. Conference of Mayors is traveling the country to urge the next president to ramp up federal funding to cities for affordable housing projects. Why it matters: The lack of housing supply in the Valley has driven up prices and exacerbated the state’s homelessness problem…»

With positive data on the health of the job market recently raising hopes for a soft landing, the Federal Reserve’s fight to tamp down on the last leg of inflation has come into focus. Yet one persistent challenge has been housing costs, with year-over-year increases in the…»