Commercial Real Estate & Business News – March 27, 2023
Global Investors Report Increased Allocations to U.S. Real Estate in 2023 The U.S. remains a preferred global destination for commercial real estate investment with allocations up 6% from 2022, compared to a 5% decline in European investment, according to AFIRE’s International Investor Survey: Q1 2023 Pulse Report…» What Are the Real Risks in Today’s Banking […]
Commercial Real Estate & Business News – March 24, 2023
Analysis: The Fed’s Slowdown Provides Breathing Room to a Market That Needs It The Federal Reserve’s 25-basis-point increase in the federal funds rate on Wednesday was widely expected; now the question is where the Fed—and the market—goes from here. Among commercial real estate economists and finance experts, the…» CRE Sizes Up Fed’s Latest Rate Hike […]
Commercial Real Estate & Business News – March 23, 2023
Fed Raises Rates by Quarter Point, Hints at End to Increases Soon The Federal Reserve Board on Wednesday said its Federal Open Market Committee (FOMC) will raise the target range for the federal funds rate to a range of 4.75% to 5%. The increase marks the Fed’s second consecutive rate hike of…» How East Valley […]
Commercial Real Estate & Business News – March 22, 2023
PACs Go Head-to-Head Before Tempe Special Election for $2B Coyotes Arena With a special election looming to create an Arizona Coyotes arena and entertainment district in Tempe, a grassroots group is amping up its opposition to a more than $2 billion development deal with the NHL team’s owner. In an at-times…» Hotel, Housing Planned for […]
Commercial Real Estate & Business News – March 21, 2023
Banner Health Plans to Build $400M Banner Scottsdale Medical Center Banner Health is finalizing the purchase of +/- 48 acres of land on the southwest corner of Hayden Rd. and the Loop 101 freeway to build Banner Scottsdale Medical Center, a new, comprehensive medical center and support services in the…» Up to 4K Apartments Could […]
Commercial Real Estate & Business News – March 20, 2023
Multifamily Plays the Rent Growth Waiting Game The pandemic set off an unusual time in multifamily. The sector became part of the short game. Rents drove upward, responding to increased prices, and things moved very fast. But with the shifts of the market, it’s time for the long game…» Sun Belt Metros Lead Multifamily Construction […]