Commercial Real Estate & Business News – November 14, 2024

Scottsdale panel to vote on Axon’s controversial $1.3 billion HQ development

Axon, the maker of Taser stun guns, police body cameras and other law enforcement technology, will be back before Scottsdale’s Planning Commission Wednesday pitching a revamped proposal for its $1.3 billion headquarters and accompanying mixed-use development…»

CRE Lending Approaches Pre-Pandemic Levels Despite Office Sector Struggles

The U.S. commercial real estate lending market has pushed forward for Q3. That’s fueled by a surge in acquisition financing and strong issuance across asset classes, according to CBRE’s latest Lending Momentum Index. The metric, which tracks CBRE-originated commercial loan…»

Ritz-Carlton construction lawsuit concludes with jury verdict

A jury has weighed in on a long-running lawsuit related to the construction of the $2 billion The Ritz-Carlton Hotel and Villas in Paradise Valley. The 10-member jury on Nov. 4 found in favor of Scottsdale developer Five Star Development on eight of 12 claims related to the construction…»

CBRE: Formerly Sluggish Commercial Real Estate Lending Market Sees Strong Growth in Q3

CBRE originated or brokered enough loans in the third quarter to see double-digit percentage growth from both last quarter and last year, indicating CRE lending activity is improving after months in the doldrums, according to a new report. The CBRE Lending Momentum Index increased…»

What Trump’s proposed plans could mean for housing affordability

Housing affordability emerged as a signature issue for voters in this month’s election, but whether rental or for-sale housing will become more affordable under President-elect Donald Trump’s administration remains a big question. Deregulation, including within housing, has been touted by…»