Daily News 8-10-2026

Commercial and multifamily mortgage loan originations were 16% higher in the second quarter of 2026 than in the year-ago period, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. Dollar volume increased 12% from Q1 of 2026, MBA said. Increased originations for retail, office, hotel, industrial and multifamily properties led to an overall increase in commercial/multifamily lending volumes. Dollar…»

Commercial real estate pricing is no longer moving in one direction. Property values are rising again, but Green Street’s latest data makes clear that the recovery is being led by a relatively narrow group of sectors rather than a broad return to the market conditions that prevailed before interest rates reset. Green Street’s Commercial Property Price Index rose 1% in July and 5.2% over the past 12 months. Yet the all-property index remains 13.4% below its 2022 peak, underscoring how…»

See which other metrics improved in The Valley of the Sun. Phoenix’s office market reached midyear 2026 on steadier footing than many peer metros. Vacancy continued to edge lower and remained below the national average, while asking rents increased year-over-year despite the metro’s relatively affordable pricing. Investment activity also outpaced most peer markets, placing Phoenix among the nation’s top 10 by sales volume. At the same time, construction activity…»

To see where future growth in the Valley is focused, pay attention to the land auctions. Business is very good these days. The Arizona State Land Department just reported a record-setting year, bringing in $817.8 million through land sales and leases in the fiscal year that ended June 30. That’s nearly double what it brought in in the previous fiscal year, which was close to $452 million. A handful of major auctions drove the surge in dollar amounts and involved notable buyers…»

Location can influence how bright or gloomy our daily lives feel. Thankfully, Arizona averages about 300 days of sunshine each year, making it one of the sunniest regions in the United States and home to six of the 30 happiest cities in America, according to an analysis from Wallethub. “Research shows that having more money only increases your happiness until you’re making at least $75,000 per year – anything more you earn likely won’t have an impact,” says Chip Lupo, WalletHub…»