Commercial Real Estate & Business News – April 13, 2023
Here’s How RED Development will Transform the Future of Goodyear RED Development revealed today a joint venture with Scottsdale-based Globe Corp. to build GSQ, a new more than 150-acre mixed-use development set to transform Goodyear as the city’s premier cultural hub featuring…» End of an Era: Sale and Redevelopment Planned for Turf Paradise The owner […]
Commercial Real Estate & Business News – April 12, 2023
Multifamily Rents Inch Up in March Multifamily rents increased slightly in March despite the nation’s economic challenges. According to the latest Yardi Matrix Multifamily Report, U.S. asking rents saw a $3 increase last month to $1,706, while year-over-year growth decelerated to…» Senior Housing Occupancy Rates Continue to Climb Senior housing occupancy rates have increased for […]
Commercial Real Estate & Business News – April 11, 2023
Maricopa County Leads the Nation in Population Growth Maricopa County led the nation in population growth between July 1, 2021, and July 1, 2022, based on the most recent county-level population estimates released from the U.S. Census Bureau. According to the data…» Apartment Demand and New Lease Rent Growth on the Rebound The multifamily sector […]
Commercial Real Estate & Business News – April 10, 2023
Multifamily Occupancy and Rent Metrics Turn Positive in Q1 After Consecutive Declines The first quarter in general, and March in particular, proved positive for multifamily metrics, according to RealPage Market Analytics and Yardi Matrix. Net apartment demand rebounded back into positive territory in Q1, ending a streak of…» Retailers Like Second-Gen Spaces These Days, but […]
Commercial Real Estate & Business News – April 7, 2023
Inflation May Be Tracking Down But Will Likely Require More Pain Economists’ eyes are fixed on the March jobs report being released on Friday with some hope of more signs that inflation is slowing. However, no matter what the results, chances are that there are still more interest rates ahead, according to…» Phoenix Ranks Third […]
Commercial Real Estate & Business News – April 6, 2023
Expect a Slow-Cession This Year, Moody’s Tells GlobeSt.com Event The Fed will not stop hiking rates until it sees the unemployment rate spike, the banking system won’t collapse and there won’t be a recession in 2023—but whatever you want to call it will walk like a recession, talk like a…» Here’s a Look Inside Bond […]