Commercial Real Estate & Business News May 3, 2018
Expansion in Arizona Economy Fuels Job Growth in Key Industries Employment is on the rise in Arizona and nearly every industry of the state’s economy is adding jobs every month, according to a Regional Intelligence Report presented at the recent Alliance Bank of Arizona 2018 Economic Forum. From January 2017 to January 2018, mining […]
Commercial Real Estate & Business News May 2, 2018
Multifamily Investment in Phoenix off to Blistering Start Rising interest rates and all-time high prices have not curbed the bullish outlook of apartment investors in Phoenix. In what has historically been one of the slowest quarters for investment, this year’s first quarter sales volume was at its highest mark in more than a decade, […]
Commercial Real Estate & Business News May 1, 2018
Pimco Continues Push Into Alternatives with Commercial Real Estate Debt Fund Pacific Investment Management Co. is raising money for a new, multibillion-dollar commercial real estate debt fund, the bond manager’s latest foray into more lucrative – and less liquid – markets, people familiar with the matter said. Pimco Commercial Real Estate Debt, or PCRED, will […]
Commercial Real Estate & Business News April 30, 2018
U.S. Industrial Vacancy Rate Hits Record Low in 2017 as Technology, Consumer Tastes Change IRVINE, CALIF. – Industrial vacancies hit an all-time low in 2017, as changes in technology and consumer habits drove demand for distribution and warehousing space, according to Ten-X Commercial’s U.S. Industrial Market Outlook. The biannual report indicated that the national vacancy […]
Commercial Real Estate & Business News April 27, 2018
How the Experience Economy is Affecting Commercial Real Estate The commercial real estate market is extremely competitive and enticing major brands to select one development over another requires more than just “location, location, location.” With everything getting “smarter,” from devices to cities, the expectation for brands is that real estate property will keep pace with […]
Commercial Real Estate & Business News April 26, 2018
CMBS Lenders Are Hungry for Deals Issuance is marching ahead at a steady pace, but lenders are adapting to a market where business from maturities is declining. Despite the surge in CMBS issuance in the first quarter, lenders are continuing to scramble to find deals in a market where the pie is shrinking along with […]