Commercial Real Estate & Business News – June 1, 2020
Ducey Announces $600M in Coronavirus Relief FundsThe Governor’s Office is providing nearly $600 million in coronavirus relief and recovery dollars for local Arizona governments and nonprofits as part of a funding plan announced today by Governor Doug Ducey. The plan includes $441 million in direct, flexible funding to…» Two More Valley Casinos Opening with Heightened […]
Commercial Real Estate & Business News – May 29, 2020
Phoenix Is Officially Open for BusinessThe Phoenix market has officially opened for business, with all retailers allowed to serve customers. While some retailers have decided to stay closed or offer only limited service by their own choice, most are completely open and actually seeing activity from consumers. While there are no…» Ducey Announces $600M in […]
Commercial Real Estate & Business News – May 28, 2020
Is The Housing Market Already Rebounding From COVID-19?Cabin fever is a real thing. And you don’t have to live in a cabin to get it. With everyone chomping at the bit to get back to “normal,” I thought it would be useful to check in on the five metrics I previously identified as signals for […]
Commercial Real Estate & Business News – May 27, 2020
Borrowers Pony Up More Cash Reserves to Move Loans ForwardMany lenders that hit the pause button on new originations at the start of the pandemic are stepping back into action, albeit with a more conservative playbook than they had at the start of the year. One big difference: lenders have new requirements…» Grocery Stores that […]
Commercial Real Estate & Business News – May 26, 2020
ULI forecast: Pandemic-induced Recession Will be Short, but Many Unknowns RemainThe Urban Land Institute’s latest Real Estate Economic Forecast shows that, while the COVID-19 crisis has sent shockwaves throughout the world, U.S. real estate economists are predicting some light at the end of the tunnel, with a short-lived recession…» National Multifamily Report – April 2020National […]
Commercial Real Estate & Business News – May 22, 2020
Hello From Arizona: Where Venture Dollars Are On The RiseReporting on startups opening offices in Phoenix without crunching data on homegrown companies raising capital doesn’t do Arizona justice. While this is often the talking point-how Arizona’s tech and startup scene serves as a less expensive option for companies based elsewhere to open…» Massive Mixed-use Redevelopment […]