Commercial Real Estate & Business News – July 10, 2017
Job Growth Surged in June The U.S. labor market rebounded in June, new government data showed Friday, as employers surpassed the expectations of most economists by adding 222,000 jobs. The unemployment rate ticked up to 4.4 percent, from 4.3 percent in May, but it did so for a good reason…» Big-Boxes Still Kicking: 200K SF Coming […]
Commercial Real Estate & Business News – July 7, 2017
Transitional Lending: The Sweet Spot in Commercial Real Estate Investing As the transitional market grow, we believe that a strategy focused on debt will enable investors to take advantage of the inherent mispricing of risk. While the U.S. commercial real estate market in aggregate has recovered from the depths of the 2008-09 recession, reaching new […]
Commercial Real Estate & Business News – July 6, 2017
Looking Back (and Forward) at $4.8 Billion Worth of Downtown Phoenix Investment Over the last couple decades and especially in the last five years, a combination of factors, investments and new developments have aided in the revitalization of Downtown Phoenix and its continued resurgence into the future, which fosters a live-work-play environment unlike any other […]
Commercial Real Estate & Business News – July 5, 2017
ISM Shows US Factory Activity Rising To 3 Year High In June – Good But Not Happy Dance Time The Institute of Supply Management runs something called the manufacturing index and this has jumped for the month of June, both in general activity and also in new orders. It’s worth out noting that this is […]
Commercial Real Estate & Business News – July 4, 2017
Happy 4th of July! Economy Watch: More Americans Traveling for July 4 Than Ever During the 2017 Independence Day holiday period (June 30 to July 4) a record 44.2 million Americans will travel 50 miles or more away from home, according to a recent AAA forecast. That would be 1.25 million more travelers than last […]
Commercial Real Estate & Business News – July 3, 2017
Phoenix Area Needs 150,302 New Apartments by 2030 to Keep Pace with Demand Growth is Due to Aging Population, Immigration, Declining Home Purchases An aging population, international immigration and fewer home purchases are resulting in an increased need for new apartments. The Phoenix metro area is expected to need 150,302 new apartments by 2030 to […]