Daily News: 12-30-25
NMHC Survey Finds Long-Term Development Optimism The National Multifamily Housing Council’s (NMHC’s) quarterly survey of leading construction and development firms in December finds apartment starts remaining relatively stable compared with three months ago. According to the survey, conducted between Dec. 4 and 15, 43% of…» How ASU, Lakefront Towers, Fine Dining are Reshaping Downtown Tempe […]
Daily News: 12-29-2025
Chemical supplier breaks ground on $120 million phase of manufacturing campus in Casa Grande A Taiwanese semiconductor industry supplier recently broke ground on the first phase of a multimillion dollar ultrapure chemical manufacturing campus in Casa Grande. KPPC Advanced Chemicals Inc., a U.S. subsidiary of the Kanto Group, began construction Dec. 19 on the first […]
Daily News: 12-26-25
Developers snap up Arizona land as multifamily supply expected to dwindle by 2027 Developers are closing on vacant land to prepare for a shortage of multifamily housing units as existing supply dwindles over the next couple of years. On Dec. 17, an entity related to Houston-based Hines paid $16.6 million in cash for 14.6 acres […]
Daily News: 12-23-25
Salesforce: Global online holiday sales top $1T by mid-December; U.S. sales up 4% With a week left until Christmas Day, holiday sales are trending upward from last year. New analysis from Salesforce indicates that during the first 45 days of the 2025 holiday season (Nov. 1 and Dec. 15), global online sales have risen 7% […]
Daily News: 12-22-25
NAA’s Bob Pinnegar: 2026 Marks the Turning Point for Multifamily While a familiar refrain in 2024 was “stay alive till 25,” the multifamily industry didn’t see the recovery expected this year. However, the year still brought some wins to the industry and 2026 is positioned for improvement, says Bob Pinnegar, president and CEO of the […]
Daily News: 12-18-25
Phoenix wages and incomes have outpaced apartment rent growth for over three years Following rapid increases in the years following the onset of the pandemic, Phoenix apartment rents have swiftly reversed course, with 2025 shaping up to be the third consecutive year with negative growth. While Valley incomes and wages have followed a similar trajectory, […]