Commercial Real Estate & Business News – June 7, 2021
A Guide to what’s new and Under Construction in Phoenix and Other Valley Cities As Arizona’s economy rebounds from the pandemic, the state’s population is growing, jobs are being created and travel and tourism are coming back.The state could soon recoup all of the jobs lost in last year’s recession, with no housing bubble on […]
Commercial Real Estate & Business News – June 4, 2021
Here are the Healthcare Building Trends that Emerged from Pandemic It’s been more than a year since the World Health Organization declared the COVID-19 outbreak a pandemic and the first related deaths were reported in the U.S. During the height of the pandemic, hospital systems were stressed as available beds ran dangerously low in cities […]
Commercial Real Estate & Business News – June 3, 2021
California Investor Pays $128 Million for Two Greater Phoenix Apartments Developer P.B. Bell sold two apartment complexes in midtown Phoenix and Glendale, Arizona, to a private California investment firm for $128.2 million, as out-of-state buyers scoop up more Phoenix-area multifamily investment properties. JB Partners, based in…» Lenders Take Note of Hopeful Signs for Office and […]
Commercial Real Estate & Business News – June 2, 2021
Most People Who Moved Last Year Say They Are Better Off By and large, the people who moved during the pandemic have more money in their pocket than they did in early 2020. Seventy-eight percent of surveyed Redfin.com users who moved to a different metro area from March 2020 through March 2021 have the same […]
Commercial Real Estate & Business News – May 28, 2021
Retailers’ Q1 Earnings “A Perfect Storm of Strength” U.S. retail earnings for the first quarter are proving to be “a perfect storm of strength,” according to Fitch Ratings. Ongoing tailwinds from government stimulus and discretionary budget savings from reduced services spend combined with “budding enthusiasm over vaccines, re-openings…» Builders Advised to Stock Up On Lumber, […]
Commercial Real Estate & Business News – May 27, 2021
Arizona Ranks No. 9 Among Fastest Growing States in U.S We all know the United States is a big country, but did you know that the total population is over 300 million people? If you counted up all the U.S. residents living within our borders and overseas, the actual 2020 census-tallied total is 331,108,434. But […]