Commercial Real Estate & Business News – July 8, 2016
Real Estate Fundamentals Look Solid, Says REIT Analyst Most real estate sectors are “looking pretty good” for the second half of the year: Although November’s general election is a “wild card,” the economy remains on a slow-growth track, which is positive for REITs…» Freddie Mac: Over 5 Million Baby Boomers Expect to Rent Next […]
Commercial Real Estate & Business News – July 7, 2016
Arizona Retail Sales Jump Reflects Optimism in Latest Consumer Confidence Poll Arizona consumers have been spending more, and the state’s taxable sales are up 3.5 percent so far for fiscal year 2016 over last fiscal year. The jump in taxable sales through the end of May are reflected in Arizona consumer confidence, with a June […]
Commercial Real Estate & Business News – July 6, 2016
MPF: Rents, Occupancies Rise in 2Q The occupied apartment count across the nation’s 100 largest metros increased by 127,402 units in the second quarter. This is one of the biggest quarterly demand totals posted in recent years, topping 2015’s second-quarter demand volume by 23%, according to MPF. Apartment demand from April to June well surpassed […]
Commercial Real Estate & Business News – July 5, 2016
Economy Watch: CRE Prices, Other Metrics Gain Ground U.S. commercial real estate enjoyed solid price gains in May, coming on the heals of declines during the early part of the year, according to the latest CoStar Commercial Repeat Sales Indices…» Hotel, Office Project Coming to Camelback The Phoenix City Council at its July 1 […]
Commercial Real Estate & Business News – June 28, 2016
Brexit Could Bring More CRE Investors to U.S. Shores The global repercussions of the vote for Brexit are still in the making, but the stock markets have already taken a beating. With the U.K.’s exit, the European Union loses both a significant military and financial power. But in the wake of this historic decision, what […]
Commercial Real Estate & Business News – June 27, 2016
Arizona’s Economy Poised for Continued Growth Arizona is garnering national attention for job gains. While there’s always more work to be done, earlier this year, Arizona finally gained back all of the jobs lost during the Great Recession…» Multifamily Struggles To Keep Up With Boomers And Millennials P.B. Bell CEO, R. Chapin Bell, said the […]