Commercial Real Estate & Business News – July 26, 2021
CRE Transactions Reach Pre-Pandemic Levels In Q2 The US commercial real estate sales market passed pre-pandemic levels in the second quarter, according to Real Capital Analytics. Activity in the second quarter surpassed the average deal volume trend for the second quarters in 2015 to 2019 by 14%, according to RCA. In addition, investment activity grew […]
Commercial Real Estate & Business News – July 23, 2021
Here’s why Scottsdale and Tempe are Experiencing a Development Boom While the COVID-19 pandemic may have curbed progress for a lot of businesses in the East Valley, construction showed no signs of slowing down. Massive multifamily housing communities, expansive business campuses, eye-catching mixed-use towers and luxury hotels are transforming the region’s skyline, and…» More Build-to-Rent […]
Commercial Real Estate & Business News – July 22, 2021
Apartment Rents Are Rising In Nearly Every Major US City Amid a Housing Shortage Apartment owners and landlords in major U.S. cities are increasingly raising the rent. In 44 of the 50 largest U.S. cities, rents reached record highs, with three cities recording year-over-year rent growth steeper than 20%, according to a report from Realtor.com, […]
Commercial Real Estate & Business News – July 21, 2021
Retail Sales Solid in June Retail sales edged up in most categories in June and were up across the board on a yearly basis. That’s according to the National Retail Federation, which reported that June retail sales were up 0.8% from May and 12.1% year-over-year. (NRF’s calculation of retail sales which excludes…» More Grocery Shoppers […]
Commercial Real Estate & Business News – July 16, 2021
Here’s why Scottsdale and Tempe are Experiencing a Development Boom While the COVID-19 pandemic may have curbed progress for a lot of businesses in the East Valley, construction showed no signs of slowing down. Massive multifamily housing communities, expansive business campuses, eye-catching mixed-use towers and luxury hotels are transforming the region’s skyline, and…» Phoenix, Tucson […]
Commercial Real Estate & Business News – July 15, 2021
How Can Arizona Keep up With Increased Construction Labor Demands? The five C’s of Arizona — copper, cattle, climate, cotton and citrus — have a long history of being the pillars that held up the state’s economy. Today, there is a new C that is driving the state’s growth: construction. After an initial dip in […]