Commercial Real Estate & Business News – May 21, 2020
Buoyed by Triple Digit Growth and Revamped Properties, Target Says It’s Ready to ‘Play Offense’Target, with the help of its vast real estate empire, edged out rival Walmart in sales growth and had an easier time than Amazon in filling online orders in the first quarter, positioning the retail chain to gain more ground in […]
Commercial Real Estate & Business News – May 20, 2020
Arizona Sees Gains in Real Personal Income, New Data ShowsDespite often being near the top in the U.S. for personal income growth, Arizona’s real income growth, which is adjusted for regional price parity and national consumption expenditures price index, landed the state near the middle for growth during 2018, according to Bureau of Economic…» Benchmark […]
Commercial Real Estate & Business News – May 19, 2020
Here Are The Projects Driving the Boom in Downtown Phoenix DevelopmentWhen Hines began looking into developing its first multifamily project in Arizona, there were several attractive markets to choose from. Luxury apartment projects like the one Hines wanted to deliver to the Valley were hot commodities across the Valley, from Tempe…» Behind the Deal: How […]
Commercial Real Estate & Business News – May 18, 2020
Here Are the Projects Driving the Boom in Downtown Phoenix DevelopmentWhen Hines began looking into developing its first multifamily project in Arizona, there were several attractive markets to choose from. Luxury apartment projects like the one Hines wanted to deliver to the Valley were hot commodities across the Valley, from Tempe to Scottsdale to the […]
Commercial Real Estate & Business News – May 15, 2020
Lenders Make Adjustments After Initial Shock of PandemicU.S. commercial real estate lenders are going through a period of price discovery following the onset of the coronavirus pandemic. Some remain active, but at a higher cost to borrowers depending on property and loan type. Commercial and multifamily mortgage loan originations decreased…» Is Curbside Pickup a Long-Term […]
Commercial Real Estate & Business News – May 14, 2020
Ducey: Arizona Stay-At-Home Order Expires Friday; Gyms, Pools, Sports Leagues Can Start Up This WeekGyms, spas and community swimming pools will be allowed to open Wednesday, and professional sports leagues will be allowed to begin practicing in Arizona after the state’s current stay-at-home order expires Friday, Gov. Doug Ducey said Tuesday. Movie theaters also were […]