Today’s News 7-23-2025

The U.S. multifamily market continued to stabilize in the second quarter of 2025, as strong renter demand kept pace with a moderating pace of apartment completions. Net absorption — the net change in occupied stock — totaled 268,000 units in the first half of this year, the third-strongest performance for the first two quarters of a year on record. Meanwhile, additional new supply is easing…»

Aldi, Trader Joe’s, and Lidl continue to chip away at the market share enjoyed by their larger, more well-established competitors, according to a new report by data analytics firm Placer.ai. Placer.ai reported on its blog that in the first half of 2025, the three grocers have experienced substantial foot traffic growth, with Aldi up 7.1% in year-over-year growth, Trader Joe’s 11.9%, and Lidl 4.9%. That’s compared to…»

A popular Valley restaurant chain opened, and two new residential projects are underway in Mesa, Scottsdale and Chandler. The popular Arizona-based neighborhood restaurant The Vig opened its first East Valley location in Mesa’s Dana Park Village Square shopping center. The site of a former Olive Garden in Scottsdale is being redeveloped into a senior living project called the Osborn…»

The West Valley will soon welcome a large shopping center, a preschool and a multipurpose complex. A 410,000-square-foot shopping center in Buckeye remains under construction despite projections that estimated construction would be completed by mid-2025. Primrose Schools will open its 14th metro Phoenix location in Surprise by the end of 2025. Surprise will also…»

U.S. News & World Report, the global authority in rankings and consumer advice, has unveiled the 2025-2026 Best Places to Live in the U.S., ranking major U.S. cities based on value, desirability, job market and quality of life. This year, U.S. News expanded its data to evaluate more than 850 cities (up from 150 in previous years), publishing the top 250 as the year’s best places to live…»