Commercial Real Estate & Business News – May 24, 2023
Arizona, other Southwest States Agree on New Colorado River Water Plan Arizona and six other Southwest states that rely on water from the Colorado River have agreed to a new usage proposal, the Biden administration announced Monday. Arizona, Colorado, California, Nevada, New Mexico, Utah and Wyoming have submitted the plan to the…» Here’s why Data […]
Commercial Real Estate & Business News – May 19, 2023
Phoenix One of just Two Places Nationally where Single-Family Rents have Dipped The Valley was one of only two markets in the nation where monthly rents have declined for single-family homes, according to a new report. The Phoenix and Las Vegas metros both showed a decline in monthly rents of single-family homes, each reporting a […]
Commercial Real Estate & Business News – May 18, 2023
Walker Webcast: The Economy, The Fed and The Real Estate Impact Q1 2023 has had its share of economic-related news, from bank failures to continued increases in the Effective Federal Fund Rates (EFFR). During the May 10, 2023 edition of the Walker Webcast, Walker & Dunlop Chairman and CEO Willy Walker hosted a panel of […]
Commercial Real Estate & Business News – May 17, 2023
Construction Starts on Two-Building Logistics Park As Phoenix Industrial Market Stays Hot Developers broke ground on two logistics buildings in the Phoenix suburb of Surprise as tenant demand for industrial properties keeps driving speculative development across the region. Mohr Capital and its financial partner Rosewood Property Co., both based in Dallas, expect to the…» HonorHealth […]
Commercial Real Estate & Business News – May 16, 2023
TSMC Announced its Arizona Microchip Factory 3 Years Ago. Here’s What has Happened Since Then A presidential visit, a massive construction effort, new suppliers moving in and billions of dollars in spending. The new Taiwan Semiconductor Manufacturing Co. complex is one of the most prominent economic projects ever for Arizona. The investment has grown…» Here’s […]
Commercial Real Estate & Business News – May 15, 2023
Five Star Development Secures $585M loan to Complete The Palmeraie Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $585 million loan to Five Star Development for the completion of The Ritz-Carlton Paradise…» Orlando, Phoenix Hospitality Markets Lead US […]