Commercial Real Estate & Business News – September 26, 2016
Shadow Lenders Venturing Where Commercial Bankers Fear To Tread Heightened scrutiny of U.S. commercial real estate lending is paving the way for lightly regulated investors to gain a bigger toehold in lucrative deals. Private funds are seeking a record $32 billion for commercial-property debt as buyout firms, real estate investment trusts and hedge funds expand […]
Commercial Real Estate & Business News – September 23, 2016
Fed Decision Means “More of the Same” for CRE Investors The Federal Reserve voted 7-3 to keep interest rates at their current level at its September meeting, citing a steady unemployment rate and inflation that is still running below the 2.0 percent mark it has predicted. Fed Chair Janet Yellen told reporters during her press […]
Commercial Real Estate & Business News – September 22, 2016
Scottsdale Quarter Plans More Shops, Apartments in 8-Story Tower North Scottsdale’s largest shopping destination is preparing to add more stores, restaurants and apartments in an eight-story tower at Scottsdale Quarter, according to development plans filed to the city last month. The urban mixed-use complex near Scottsdale Road and Butherus Drive, across from Kierland Commons in […]
Commercial Real Estate & Business News – September 21, 2016
Financial, Advanced Business Services, Manufacturing Push PHX GDP The Phoenix metropolitan area showed strong economic growth in 2015 with a 4.2 percent economic gain over the previous year, according to the U.S. Bureau of Economic Analysis…» Suburban Apartment Buildings Match Downtowns for Appreciation “Returns from property appreciation over the past five years were virtually tied […]
Commercial Real Estate & Business News – September 20, 2016
Trends to Watch in 5 Commercial Real Estate Markets It’s that time of year again when commercial real estate firms analyze market activity based on numbers and reports from the first two quarters of the year, and predict how that will impact the rest of 2016 through next year. Experts in their respective markets weighed […]
Commercial Real Estate & Business News – September 19, 2016
Arizona, SW Region Economic Growth Eclipse Nation in Coming Year The Southwest is expected to continue eclipsing the national economy in terms of economic growth and job creation over the next few years. That’s according to former Citibank CEO Eugene McQuade, who spoke at the annual Phoenix Business Journal-Salt River Project 2017 Economic Forecast, held […]