Daily News 9-28-2026

The Schillne Retail Croup returned from /CSC@WESTERN with a clear message: retailers are still expanding, quality locations remain difficult to replace and successful deals increasingly depend on understanding exactly what each concept needs. Thousands of retail real estate professionals gathered in San Diego this week for ICSC@WESTERN, bringing together retailers, landlords, developers, investors and brokers from across the western United States. Held September 14-16 at the…»

Having paid $44.1M for approximately 41 acres near Desert Ridge Marketplace in a 2022 Arizona State Land Department auction and begun one planned multifamily community on the land, Garden Communities may now be turning its attention to building a second development. The first phase of the overall Garden at Desert Ridge development—Elysium—is a 378-unit community currently under construction at the NEC of Tatum Blvd. and Deer Valley Drive. The DATABEX project database…»

A 376-unit apartment complex development proposed near IKEA in south Tempe is making its way to City Council. Emerald Center Mixed-Use could be constructed on a 12-acre vacant piece of land on the southwest corner of Ruby and Priest drives, if Council approves rezoning to make way for the multifamily development. The project will be introduced to Council on Sept. 24, and a final vote is expected to happen Oct. 15. The planned apartment complex is part of a 25-acre parcel that…»

The commercial real estate debt market is not defined by a lack of capital. The bigger challenge is connecting each transaction with the right capital. That distinction was a recurring theme at the 2026 Western States CREF Conference, held September 9-11 at ARIA Resort & Casino in Las Vegas. Discussions focused on interest-rate strategy, agency lending, constiruction financing and the increasingly complex combinations of senior debt, bridge loans, mezzanine financing and…»

Phoenix multifamily operators have spent the last several years fighting the same problem: too much available inventory and not enough occupied units. The response has been predictable. Offer a month free. Waive a fee. Add a gift card. Lower the effective rent until the unit moves. There’s a reason concessions are the default. They’re easy to approve, easy to explain to ownership, and easy to measure. A vacant unit becomes a leased unit. But the leasing report doesn’t show why the…»