Commercial Real Estate & Business News – August 14, 2020
Hotel Developer WaterWalk Buys North Phoenix Site for First Arizona LocationA developer of high-end extended stay hotels bought 4.5 acres of land in north Phoenix to develop the company’s first Arizona hotel property. WaterWalk, which is headquartered in Wichita, Kansas, purchased the development site at 19th Avenue and Pinnacle…» New Fry’s Grocery Store Opening in […]
Commercial Real Estate & Business News – August 13, 2020
Watch the Entire 2020 AZRE Forum HereHere are all three parts of the three-part video series that make up the 2020 AZRE Forum, the annual mid-year market report that looks at the factors that are driving the Phoenix economy and commercial real estate industry. The three panels of industry leaders discuss…» Luxury Apartment Community The […]
Commercial Real Estate & Business News – August 12, 2020
MOB Sales Fell by Nearly 50 Percent in the Second Quarter, But the Sector’s Outlook Is StrongInvestment sales volumes in the medical office buildings (MOB) sector have dipped and cap rates have flattened in recent month, but the sector seems to be bouncing back. The volume of MOB investment sales transactions in the second quarter…» […]
Commercial Real Estate & Business News – August 11, 2020
Americans are Sitting on Record Cash Savings Amid Pandemic and Uncertain EconomyWhile millions of people could lose most or all of the $600 bonus in their weekly unemployment benefits, threatening to slow consumer spending and the nation’s economic recovery, one thing could help cushion the blow: Americans have been saving lots of money…» Scottsdale Tops […]
Commercial Real Estate & Business News – August 10, 2020
Arizona Landlords Struggling Through Eviction Moratorium Can Get as Much as $50,000. Here’s How.Arizona landlords struggling because tenants have stopped paying rent during the novel coronravirus pandemic can apply for as much as $50,000 in assistance from the state, the Arizona Department of Housing announced this week. In all, the state…» AZRE Forum: A Look […]
Commercial Real Estate & Business News – August 7, 2020
AZRE Forum: Retail, Multifamily, LandThe AZRE Forum is the annual mid-year market report and in-depth look at what factors are driving the Phoenix economy. The COVID-19 pandemic forced the Forum to go virtual this year, but it did nothing to dampen the lively discussions by three panels of commercial…» Mountainside Fitness CEO Expects to Reopen […]