Commercial Real Estate & Business News – May 18, 2021
Hiring frenzy: Thousands of jobs are open in the Valley; governor hopes bonus plan will spur applications With Arizona companies grappling with thousands of open jobs that they can’t fill, Gov. Doug Ducey announced this week that the state will offer a $2,000 bonus to get residents back to work. As part of the new […]
Commercial Real Estate & Business News – May 17, 2021
First-Quarter Loans Dip, but Industry Sees Improved Outlook Commercial and multifamily mortgage loan originations decreased 14% in the first quarter compared to the same time last year, according to the Mortgage Bankers Association. Not surprisingly, the dip reflects a hangover from the pandemic that disrupted markets most of last year, with struggling hospitality and retail…» […]
Commercial Real Estate & Business News – May 14, 2021
Here’s How the CEO of an Office Design Firm for Google and Apple Sees Workplaces Changing The pandemic has transformed how people interact with physical space, so it will probably take more than plexiglass and temperature readers to redefine workplace design. That’s because the days of all employees being in the office from 9 a.m. […]
Commercial Real Estate & Business News – May 13, 2021
Profits and the Pandemic: For Most of Arizona’s Largest Companies, 2020 was Better than 2019 Businesses across the nation generally had a tough time grappling with the COVID-19 pandemic and economic-lockdown measures that went with it. But Arizona’s larger public corporations, for the most part, had a solid year. These companies earned…» Phoenix is No. […]
Commercial Real Estate & Business News – May 12, 2021
Migration to Sun Belt Continues Through Pandemic The Sun Belt once again benefited from strong population growth trends in 2020, the latest U.S. Census Bureau estimates show. The state-level census figures from earlier this year gave a glimpse at what to expect on the metropolitan area level, with large Sun Belt states such as…» Medical […]
Commercial Real Estate & Business News – May 11, 2021
U.S. Cities where Rents are Dropping — and where They’re Going up: Report People have been on the move since the Covid-19 pandemic hit. With remote work at play, many are leaving expensive cities like New York, Los Angeles and Chicago for the suburbs or for more affordable cities like Austin, Phoenix or Nashville,…» ASU […]