Commercial Real Estate & Business News – February 26, 2016
Why We’re Betting On Grocery-Anchored Retail Today’s commercial real estate investors have seemingly endless options about which asset class to invest in. As the market has gotten hotter and hotter, increasingly investors are going after more opportunistic deals, happy to consider new asset classes and less than ideal locations to yield better returns. But when […]
Commercial Real Estate & Business News – February 25, 2016
Condo Tower Could Be Envy Of Scottsdale Living Want to know one of the best-kept secrets in Scottsdale? It may very well be ENVY, Deco Communities’ new eight-story luxury condominium tower in downtown Scottsdale located at 4422 N. 75th St, according to sales manager Brian Dworsky. But the 89 well appointed, high-end homes won’t stay […]
Commercial Real Estate & Business News – February 24, 2016
FHA Speeds Up its Lending Process As some banks step away from construction lending, the Federal Housing Administration (FHA) is stepping into the gap, with competitive rates and faster processing times. Federal officials are combining the offices that process FHA loans. That will cut down on the time it takes secure FHA loans and make […]
Commercial Real Estate & Business News – February 23, 2016
Arizona Economy To Outperform, Report Predicts Arizona’s economic growth will remain steady this year and next, helping the state outperform the nation by a slight margin, according to a new forecast. Robert Kavcic, senior economist at BMO Capital Markets, expects Arizona’s economy to outperform the nation by 0.4 percent when final 2015 results are in, […]
Commercial Real Estate & Business News – February 22, 2016
Westgate to Get 340-Unit Apartments A developer will build a 340-unit apartment complex north of the Westgate Entertainment District, pending approval by the City of Glendale. The Glendale Planning Commission considered the proposal at their Feb. 4 meeting. According to the staff report, Fore Property Company wants to build the Zanjero Apartments on part of […]
Commercial Real Estate & Business News – February 19, 2016
Life Companies Anticipate Another Strong Lending Year for CRE Although life companies are known for playing it safe when it comes to lending on commercial real estate, that narrow box hasn’t stopped them from doing big business in the space lately. Many life companies reported robust lending volumes in 2015 and the expectation for the […]