Commercial Real Estate & Business News – August 24, 2017
Phoenix Housing Has Strongest Quarter in a Decade Builders started 16,663 homes between the end of 2Q16 and 2Q17, of which 4,632 started in the second quarter. That was the highest number of quarterly starts since 3Q07, or almost 10 years – and a jump of 15.7% over the same quarter a year ago, and […]
Commercial Real Estate & Business News – August 23, 2017
Steady Ahead for Arizona, US Economies, says San Francisco Fed President In the wake of tough talk from President Donald Trump toward North Korea and Senate Majority Leader Mitch McConnell, Sen. Jeff Flake, a Republican and sometimes outspoken critic of the president, says he’s willing to give him “a little space.” The gradual, if not […]
Commercial Real Estate & Business News – August 22, 2017
$8 Billion Reasons to Save Key Tax Deferment from Reform Ax Internal Revenue Code Section 1031 exchanges, more commonly known as “1031s” or “like-kind exchanges,” are a nearly century-old tax deferment mechanism that may be targeted for elimination or curtailment under several tax reform proposals being considered in Congress…» Food Halls, The Hottest Retail Niche […]
Commercial Real Estate & Business News – August 21, 2017
Fed President Says Interest Rate Hikes are Halfway Done In June, the Fed voted to raise interest rates for the second time this year. The first rate hike occurred in its March meeting, just after deciding to raise rates three months before in December 2016. Williams explained that as the economy continues to improve, it […]
Commercial Real Estate & Business News – August 18, 2017
Solid US Employment, Retail Sales Growth Bode Well for Continued ‘Slower but Steady’ Economic Expansion Tuesday’s Commerce Department report of a major boost in U.S. retail sales in July, combined with a stronger-than-expected jobs report earlier this month, suggests that the U.S. economy continued its slow but steady expansion in the third quarter. Usually, record highs […]
Commercial Real Estate & Business News – August 17, 2017
Do Office Tenants Prefer the City or the Suburbs? It’s Complicated Office building owners and developers pondering how to bridge the urban-suburban gap may want to set their sights on what you might call “urb-suburban” settings. What’s urb-suburban? It’s one way to describe the mash-up of suburban office locations in walkable settings with easy access […]