Commercial Real Estate & Business News January 17, 2019
Valley CRE Industry Expects to Maintain Momentum in 2019If you liked commercial real estate in 2018, you’re going to enjoy 2019 just as much. Often, sequels don’t live up to the high expectations set by their predecessors, but when it comes to the general health of the commercial real estate market in the Greater Phoenix […]
Commercial Real Estate & Business News January 16, 2019
Apartment Rents Expected to Rise Faster Than Inflation in 2019Rents are likely to rise faster for older, class-B apartments in 2019 than for any other class of apartment property. “We expect Class-B to continue to have the strongest average rent growth, as it has through recent history,” says Andrew Rybczynski, senior consultant at research firm […]
Commercial Real Estate & Business News January 15, 2019
Private Equity Appetite for Risk Appears to Show No Signs of SlowingOaktree Capital, a global asset manager with more than $124 billion in assets under management, has launched the eighth in its series of opportunistic real estate funds in a move that seeks to tap demand for properties that can be upgraded and better managed […]
Commercial Real Estate & Business News January 14, 2019
Commercial Real Estate Forecast experts: Get ready for a strong 2019If you sell commercial real estate and liked 2018? You’ll probably enjoy this year, too. That’s because the odds are high that commercial real estate will remain strong in 2019, according to some of the biggest names in the industry. The speakers on the State […]
Commercial Real Estate & Business News January 11, 2019
Phoenix Fundamentals Are a Big Hit With InvestorsPhoenix fundamentals are a big hit with investors, who are finding healthy returns and longevity in the market. Chicago-based LaSalle Investment Management has made its first multifamily purchase in the market in years, citing strong job growth and population growth as compelling reasons to invest in the market. […]
Commercial Real Estate & Business News January 10, 2019
Fervent Investor Demand for Phoenix Industrial Properties Fuels Record Prices, Sales Volume in 2018In 2018, Phoenix’s fast-growing population, low cost of doing business and proximity to California and Mexico generated plenty of investor interest in warehouse and industrial facilities as nearly $2.2 billion in property traded hands, an all-time high for the market and an […]