Today’s News 9-11-2025
Never Forget! Phoenix apartment rent losses compound in August The Phoenix multifamily market is in a persistent state of fundamental imbalance, keeping vacancy elevated and rents on the decline. The average asking rent at Valley apartment properties decreased 0.5% in August, matching the decline in July and marking the seventh-consecutive month with flat or negative […]
Today’s News 9-10-2025
Phoenix’s industrial developers are thinking outside the big box The Phoenix industrial market is at the tail end of a historic construction boom that has dramatically reshaped the Valley’s landscape. Since the start of 2023, about 80 million square feet of gross industrial space was completed in Phoenix, outpacing the market’s cumulative construction total from […]
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 […]