Commercial Real Estate & Business News – November 25, 2016
Survey Finds Mixed Signals About Holiday Spending Not everyone is feeling confident about retail sales. U.S.-based importers and suppliers who sell goods to retailers are not entirely confident consumers are going to open their wallets, according to a new survey conducted by Capital Business Credit, a supply chain finance company…» Chance of a Fed […]
Commercial Real Estate & Business News – November 23, 2016
US Holiday Sales Likely To Expand US shoppers have been spending a little bit more each holiday season since the end of the recession, and will most likely follow that pattern over the coming weeks, according to a new survey and forecast from Chicago-based JLL. Researchers at the firm say that total holiday sales figures […]
Commercial Real Estate & Business News – November 22, 2016
Commercial Real-Estate Cycle Holding Steady, Economist Says The commercial real-estate industry remains in an expansion cycle, helped by a steady economy and few signs of overbuilding. Rising interest rates are a concern, but few other signs are flashing warnings, said Calvin Schnure, senior economist for the National Association of Real Estate Investment Trusts during a […]
Commercial Real Estate & Business News – November 21, 2016
Luxury Apartments in Valley Command High Prices…3 Assets Trade for $200k/Unit In a continuing trend for well-located and well-constructed multi-family properties in the Phoenix area commanding hefty prices, three Valley apartment communities exchanged hands this week with an average price per unit of more than $200,000. In the highest priced sale of the three, DiNapoli […]
Commercial Real Estate & Business News – November 18, 2016
American Unemployment Claims Just Hit a 43-Year Low The number of Americans filing for unemployment benefits fell to a 43-year low last week, pointing to a rapidly tightening labor market that could allow the Federal Reserve to raise interest rates next month. Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 235,000 […]
Commercial Real Estate & Business News – November 16, 2016
Urban Scottsdale: City Council Approves 1,600 Apartments Scottsdale’s two emerging urban corridors – in the south near Old Town and in the north near Scottsdale Airport – will get another influx of residents after the City Council on Tuesday approved three multi-story development projects with space for a combined 1,600 apartments…» Why the Valley’s Best […]