Commercial Real Estate & Business News – April 23, 2020
Arizona Economy: ‘Once We Get Past the Shock, Recovery Should be Solid’As with the March Interim forecast, there is still a huge amount of uncertainty about the future of the outbreak and the economic impacts on the Arizona economy associated with it. Regarding the outbreak, the question at this point is when government and self-imposed […]
Commercial Real Estate & Business News – April 22, 2020
CRE Lenders Might Not Like How Bankruptcy Courts Treat Them During the CoronavirusWith a host of commercial real estate owners likely to declare chapter 11 bankruptcy as a result of the coronavirus pandemic, organizations that lend to these companies should keep one thing in mind: bankruptcy court judges are aware of the unprecedented economic damage […]
Commercial Real Estate & Business News – April 19, 2020
Holualoa Closes Several Big Deals to Maintain Momentum During COVID-19 DownturnHolualoa Companies has enjoyed a strong first four months of the year despite recent economic challenges, closing on several key transactions in Arizona. The company sold several properties in Phoenix and Tucson over the past few months and signed a significant…» Walmart Makes Major Gains […]
Commercial Real Estate & Business News – April 20, 2020
When Will Things Return to Normal in Arizona? Here Are The Unusual Metrics Economists Are WatchingThe economic damage caused by coronavirus shutdowns is uncommon. So economists say they will need uncommon data to track how the nation rebounds. Normally, these experts use high-level metrics such as the gross domestic product and bond yield curves to…» […]
Commercial Real Estate & Business News – April 17, 2020
‘Arizona Will Lead,’ Says Gov. Doug Ducey on Reopening the Economy and What’s Next During CoronavirusTesting, treatment, social distancing and other health safeguards remain top priorities for stemming the new coronavirus outbreak in Arizona. But government and business leaders are starting to look toward the day, possibly within a few weeks, when the state’s economy […]
Commercial Real Estate & Business News – April 15, 2020
Ducey Seeks Ideas From Businesses, Tourism Industry on Reopening Arizona EconomyArizona is laying the groundwork to eventually reopen the state’s economy with help from the business community. Gov. Doug Ducey announced Tuesday he has reached out to the state’s business and tourism communities for ideas that can be implemented in a plan that eventually would […]