Commercial Real Estate & Business News – November 4, 2024

The 46th edition of PWC and the Urban Land Institute’s report on emerging trends in real estate depicts an industry that is slowly returning to some form of normality after the sharp jolts and shifts in usage brought on by the Covid pandemic. “Investors’ focus is swinging to the more…»

Metrics for both core and value-add multifamily assets improved across the board after the Federal Reserve’s rate cut in September—the first in two years. According to CBRE’s Multifamily Underwriting Survey for the third quarter, these improvements signal the market is on the road to…»

Following the first rate cut from the Federal Reserve in two years in September, metrics for both core and value-add multifamily assets improved across the board in the third quarter, CBRE reported Wednesday. The gains were reflected in cap rate compression for core and value-add properties…»

Phoenix-based NexMetro Communities, which started the build-to-rent phenomena that is taking the country by storm, has another $1 billion worth of projects on its plate in several markets, including Arizona. Across the nation, NexMetro has 59 projects with…»

Tract, a developer of master-planned data center parks, recently announced its acquisition of a 2,069-acre land parcel in Buckeye. The land acquisition will be one of the largest data center parks in the United States, anticipating up to 20 million square feet of data center space across as many…»