Commercial Real Estate & Business News – February 24, 2025

Expert: CRE Offers Stability in Uncertain Economic Climate

Investors may hit the pause button as the United States enters a new period of uncertainty driven by news of tariffs, deportations and government cost-cutting. This pause could last for weeks, months or even years as investors wait for clarity, said John Chang, national director of research…»

Medical manufacturing set to drive growth in Phoenix market

Arizona leaders want to be at the forefront of an emerging sector in the U.S. that has been driving demand for more lab space. Alongside semiconductors, the state sees health care as another big target to grow and diversify Arizona’s economy. In the Phoenix market, major investments are being made…»

Amkor’s $2B semiconductor testing campus in Peoria sparks outrage among residents

A $2 billion microchip packaging facility planned for north Peoria is progressing, after Amkor Technology Inc. filed its site plans. The Tempe-based company’s latest step in the ongoing development comes as residents of the wealthy Vistancia community continue to raise concerns over…»

These 12 Metro Phoenix zip codes offer upscale living at lower rents

Finding a great apartment with nice amenities, in a good neighborhood, at a reasonable monthly rent can feel like a distant dream. But upscale living is actually possible at a reasonable price! Our latest report reveals 200 U.S. zip codes where locals can find exactly that desirable combination…»

S&P Upgrades 6 Regional Banks On Better CRE Risk Outlook

Banks with large commercial real estate exposures have had a tumultuous last few years, but a new S&P Global Ratings report indicates the outlook is improving. The report concludes that while CRE exposure will continue to hamper some banks, the likelihood of CRE problems leading to a weakening…»