| California Investors Drive Transaction Volumes in Arizona California investors are driving transaction volumes in Arizona during the pandemic. California investors typically account for 30% to 40% of transaction volumes in the market, but recently, that number has increased to 50%. While the pandemic has impacted all markets, California investors…» Arizona’s 30-year Outlook: Short-run Trouble, Long-run Growth There is still a huge amount of uncertainty about the future of the outbreak and the economic impacts associated with it. The baseline forecast assumes that the current surge in the spread of the coronavirus is contained quickly and that there is no major resurgence in the fall. The forecast…» Tides Equities in Escrow to Spend $400M on Valley Apartment Acquisitions A Los Angeles investor who has bought up numerous multifamily properties in the Valley is in escrow to buy another $400 million worth of apartments. Tides Equities LLC was named the most active buyer in metro Phoenix for the past two years in a row by New York-based…» COVID-19 Cases in Arizona Continue to Tumble in September Confirmed COVID-19 cases in Arizona reached 206,541 on Wednesday, Sept. 9, an increase of 496 from the previous day, according to the Arizona Department of Health Services. The state has been effective over the last six weeks in combating the virus. While July saw an average increase…» Arizona Bars Reopen, but Struggle with COVID-19 Restrictions As Arizona bars have reopened after months of being shut down during the COVID-19 pandemic, owners and managers are struggling to comply with state health department regulations that require logistical twists. One Phoenix bar owner has adapted by moving operations outdoors while…» |