Today’s News 9-9-2025
3 projects bringing dining, shopping, housing, health care to the West Valley A new retail and restaurant development, a rehabilitation hospital and a senior living facility are among the notable developments underway in the West Valley. Here is a look at some of the projects that will bring a trendy soda shop, expanded health care […]
Today’s News 9-8-2025
Only two Southwestern markets crack the top 10 for retail rent growth Eight of the top 10 markets for the strongest retail rent growth last quarter were in the Sun Belt, including two that happen to be in the Southwest and at higher elevations: Las Vegas and Phoenix. While the average asking rent at U.S. […]
Today’s News 9-5-2025
Life Companies’ CRE Loan Returns Remain Positive in Q2 Life insurance companies participating in Trepp’s LifeComps index covering commercial real estate loans reported a total return of 1.90% in the second quarter of 2025, comprised of a 1.21% income return and a 0.69% appreciation return. Trepp reported the total return outpaced the National Council of […]
Today’s News 9-4-2025
Fed’s Waller backs September rate cut, sees multiple reductions ahead Investing.com — Federal Reserve Governor Christopher Waller reiterated his support for an interest rate cut at the September meeting, citing weakening labor market conditions. “I think we need to start cutting rates at the next meeting, and then we don’t have to go in a […]
Today’s News 9-3-2025
Rent prices fall in metro Phoenix. Here’s where the best deals are now Metro Phoenix renters signing leases right now could get a break. Rents are down in the Valley, according to new research. One-bedroom renters are seeing the biggest declines. The median rent on a one-bedroom Phoenix-area apartment has dropped almost 8% to $1,220, […]
Today’s News 9-2-2025
Fed Governor Waller Reaffirms Support for September Rate Cut Federal Reserve Governor Christopher J. Waller, who cast one of two dissenting votes at the July meeting of the Federal Open Market Committee, reiterated his support for a reduction in the central bank’s benchmark interest rate. Speaking Thursday evening at the Economic Club of Miami, Waller […]