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 […]
Commercial Real Estate & Business News – April 5, 2023
Construction Set for New West Valley Casino Desert Diamond Casinos, the enterprise arm of the Tohono O’odham Nation, is set to begin construction this week on a new casino in the “far West Valley.” The tribe announced Monday it would be holding a private groundbreaking event on April 5th…» Are Offices Truly Worth as Little […]
Commercial Real Estate & Business News – April 4, 2023
$58B in Arizona Manufacturing Investments Among Most in Nation Arizona has attracted more than $58 billion in private investments for manufacturing since 2021, one of the highest levels in the country, according to the White House, which calls it proof that the president’s economic agenda is working…» Fire Sale of Failed Bank Assets Speeds Plunge […]
Commercial Real Estate & Business News – April 3, 2023
Population Growth in Maricopa County was Largest in Nation for Second Consecutive Year PHOENIX — For the second consecutive year, more people have been moving to Maricopa County than any other county in the nation, according to data released released Thursday by the U.S. Census Bureau. Maricopa County’s population grew…» Developer Plans to Rework Office […]
Commercial Real Estate & Business News – March 31, 2023
Despite Everything, the U.S. is Still Considered a Safe Investment The U.S. media continues putting rising interest rates and ongoing inflationary concerns in its headlines. Yet despite all of this, international institutional investors continue to view U.S. commercial real estate as “a preferred destination, relative to…» 25-Story Apartment Tower Proposed for Busy Corner of Tempe; […]
Commercial Real Estate & Business News – March 30, 2023
Phoenix Added the Third-Most New Jobs in the Country in January Phoenix started the new year off on a high note, with a net gain of 19,200 nonfarm jobs in January, according to the latest data from the Bureau of Labor Statistics. That figure represents the strongest month-over-month increase in…» NRF Forecasts Retail Sales to […]