Commercial Real Estate & Business News – August 22, 2022
Q2 Commercial and Multifamily Originations Up Year Over Year Commercial and multifamily borrowing saw a 19% increase in the second quarter compared with a year ago and a quarter-over-quarter increase of 15%, according to the Mortgage Bankers Association (MBA). For multifamily properties specifically…» Canadian Company Xnrgy Chooses Mesa for $145M Headquarters and High-Tech Plant […]
Commercial Real Estate & Business News – August 19, 2022
Phoenix Will Drive Industrial Growth Even as US Development Slows Down, Experts Say Growth of the Phoenix industrial market will continue to surge despite inflation and an expected national slowdown in consumer demand, experts say. The Phoenix metro is currently one of only five markets across the country that has more than…» California Pension Fund […]
Commercial Real Estate & Business News – August 18, 2022
CRE Capital Markets: What to Expect by Q4 Investment activity held up nicely in the first six months of the year. Volume rose by 10 percent year-over-year in the second quarter to $167 billion, according to CBRE’s latest capital markets report. Monetary policies are expected to be the…»» Could There Be a CRE Upside to […]
Commercial Real Estate & Business News – August 17, 2022
CRE Execs Proceed with Caution as Inflation, Market Uncertainty Persists Senior commercial real estate executives are concerned about office and retail fundamentals as market uncertainty continues to curtail investors’ appetites for risk. The Q3 2022 Real Estate Roundtable Sentiment Index registered an…» Planned Surf and Water Park With Hotel, Retail Gains Momentum in Arizona City […]
Commercial Real Estate & Business News – August 16, 2022
Roundtable Survey Finds CRE Leaders Optimistic About the Future, Less So About the Present Commercial real estate executives continue to view current conditions as significantly less favorable than previous quarters amid rising interest rates, increased inflation, supply chain disruptions and labor shortages. However, leaders’ expectations…» Atlanta Multifamily Investor Plans to Build Apartments in Arizona, Hires […]
Commercial Real Estate & Business News – August 15, 2022
Increased Cost of Capital Forces a Reset of Multifamily Valuations In early June, two days before the Federal Open Market Committee increased the Federal Funds Rate by 75 basis points, Odyssey Properties Group struck a deal to buy a multifamily asset in Dallas at a 3.5 percent cap rate. The Los Angeles-based real estate investment […]