Commercial Real Estate & Business News – December 30, 2021
More Build-to-rent Home Developers Enter Phoenix — Ground Zero for Unique Hybrid Model It’s no secret metro Phoenix is ground zero for the unique build-to-rent market that is taking the country by storm as more developers are entering the Phoenix market to get a piece of the action. This unique hybrid model made popular by […]
Commercial Real Estate & Business News – December 28, 2021
U.S. Consumers Expect Higher Grocery Spending in 2022 Next year, U.S. shoppers anticipate spending 14% more on average per month for their groceries, according to the KPMG Consumer Pulse Survey 2022 Grocery Forecast. Based on a poll of more than 1,000 consumers, the…» Phoenix is the No. 2 Most Popular Migration Destination Nationwide, 30.3% of […]
Commercial Real Estate & Business News – December 27, 2021
Plans Unveiled for $750 Million Redevelopment of Iconic Metrocenter Mall Property in Phoenix One of Phoenix’s most iconic properties is about to become the largest mall redevelopment project in Arizona history, transforming into a vibrant new addition to the city’s core. Concord Wilshire Capital (“CWC”) and TLG Investment Partners (“TLGIP”) (collectively, the “Developer”)…» Offices Near […]
Commercial Real Estate & Business News – December 23, 2021
CoStar Predicts: Inflation To Improve, but Not as Much as the Fed Might Want Walk into any restaurant, store or gas station and you will probably find higher prices posted on menus, stickers and reader boards. Most consumers didn’t need the official announcement in early December about a 6.8% inflation rate to know that everything […]
Commercial Real Estate & Business News – December 22, 2021
Fed to Accelerate Tightening, With as Many as Three Rate Hikes in 2022 The Federal Reserve is further tightening up its pandemic-era easy money policy and will increase the pace of tapering, a move that could usher in rate hikes earlier than expected, according to a statement released at the…» California Firm Makes Arizona Debut […]
Commercial Real Estate & Business News – December 21, 2021
Partnership Between Global, Local Firms Completes First Valley Multifamily Acquisitions A global real estate firm recently partnered with a Valley company to start investing in multifamily properties across Arizona. The Canyon Catalyst Fund, which makes real estate investments on behalf of the…» Why CRE Investors Shouldn’t Be Too Focused on Interest Rates The pandemic brought […]