Commercial Real Estate & Business News – March 2, 2017
Seventh Inning Market Cycle Stretches On, And On The current growth phase is proving to be the energizer bunny of real estate market cycles, and it appears that there is still plenty more power to keep it going. Since hitting bottom in 2009, the current cycle is now entering year eight of its upward trajectory. […]
Commercial Real Estate & Business News – March 1, 2017
A Rush to Meet Rising Demand for Student Housing The fall semester may be months away, but developers of student housing are already cramming for the next academic year. They’ve been busy preleasing apartments while working feverishly on new projects, especially those that must be completed by summer. At the same time, they are lining […]
Commercial Real Estate & Business News – February 28, 2017
Surprise Beats Phoenix in the Apartment Rent Growth Race The desert climate doesn’t seem to help set Phoenix apart from the rest of the nation, in that the cores of big US metros are cooling off, unlike cities on the outer edges of the urban rings, where the rental heat maps are starting to glow […]
Commercial Real Estate & Business News – February 27, 2017
West Valley Economic Developers See Bright Future West Valley economic development officials say their communities are on the cusp of breaking out to bring more high-wage jobs to residents and cutting down on the throngs that leave the region for work elsewhere. “The freeways are always clogged,” Brian Friedman, director of the city of Glendale’s […]
Commercial Real Estate & Business News – February 24, 2017
Whole Foods Shrinking Store Count Amid Crowded Sector After becoming the darlings of shopping center developers and fast-tracking expansion plans, national organic and specialty grocers such as Whole Foods Market Inc. (NASDAQ: WFM) and several regional grocery chains have recently announced plans to trim store counts a…» Credit-Card Spending Data Reveals Much About CRE Consumers […]
Commercial Real Estate & Business News – February 23, 2017
REITs Expected to Keep Selling Properties to Fund Developments The nation’s publicly traded REITs are projecting to remain net sellers again this year with current disposition plans announced by 39 major REITs calling for the sale of more than $15 billion in properties. REITs said they plan to plow most of the proceeds from those […]