Daily News 7-30-2026

Rawhide Development Co., an affiliate of the Arizona Cardinals and the owner and developer of 217 acres in north Phoenix where the NFL team is building its new headquarters campus and performance center, has hired a CEO. Ralph Ireland is now the president and CEO of Rawhide Development. His role will include managing the massive mixed-use property located at Scottsdale Road and the Loop 101 in north Phoenix that will include the NFL team’s headquarters. Last year, Rawhide…»

U.S. apartment rents remained essentially flat in July, with the increase slowing from June as the summer leasing season lost momentum. The national apartment rent average increased to $1,747 from June’s revised level of $1,746, according to Apartments.com’s latest report on multifamily rent trends. A 0.1% monthly gain was originally reported in June before being revised upward to 0.2%, reflecting slightly stronger pricing earlier in the summer than previously estimated. Though…»

Great Wolf Lodge is looking to expand its seven-year-old water park resort within the Talking Stick Entertainment District to accommodate large families. The resort owners are seeking to build a connecting six-story suite tower that would have 24 guest suites, each with three bedrooms, Salt River Pima-Maricopa Indian Community planner Noah Katt said during a July 27 Land Management Board Community Hearing. “We’re always looking for opportunities to bring the…»

Multifamily and single-family housing often move in the same general direction, but they don’t appreciate at the same pace even in top-demand markets, which creates meaningful dispersion in returns for investors depending on the metro and asset type mix in their portfolios. According to Trepp’s analysis of four high-demand coastal metros, local rental fundamentals and pricing, not just household demand, explain why apartments sometimes lag and sometimes significantly outperform…»

A new national ranking of the best U.S. cities for office investing just came out, and Arizona markets are split, with one taking the No. 1 spot in the country and two landing in the bottom third. LoopNet scored 50 U.S. cities for office investing in 2026 on rental income relative to purchase price, available inventory, office job growth, and building quality. Where Arizona landed: Tucson — No. 1 nationally. The most well-rounded market in the study: a top-three income-to-price…»