Daily News: 4-23-26
Multifamily Pricing Breaks From Longstanding Rent Cap Rate Relationship For decades, multifamily investors could rely on a predictable rhythm: rising rents pushed cap rates lower and lifted asset values, while weakening rents did the opposite. That relationship is now breaking down across a growing share of major US markets, creating a more fragmented and less […]
Daily News: 4-22-26
Metro Phoenix posts strongest quarter of industrial investment on record The Greater Phoenix industrial market posted its strongest quarter on record for industrial property investment sales, according to a report released by Colliers. Net absorption during first quarter was more than three and a half times the 1.38 million square feet of new supply delivered during […]
Daily News: 4-21-26
Banner Health pays $22.13M in cash for vacant land near TSMC development Phoenix-based Banner Health — Arizona’s largest health system — just plopped down $22.13 million in cash for vacant land near the Taiwan Semiconductor Manufacturing Co. campus in north Phoenix. Closing on April 16, the 18.81-acre parcel at the southeast corner of Interstate 17 […]
Daily News: 4-20-26
TSMC sees revenue increase 35%, signals strong future for Arizona semiconductors Arizona’s growing role in the global semiconductor industry received another boost this week as Taiwan Semiconductor Manufacturing Company (TSMC) reported powerful financial and revenue results and confirmed continued expansion plans tied to its Arizona operations. The world’s largest contract chipmaker announced first-quarter 2026 revenue […]
Daily News: 4-17-26
Housing Supply Slowdown Gives Multifamily Market Room To Stabilize The U.S. apartment market is poised to make strides toward recovery this year as leasing remains robust, the multifamily pipeline stays tight and homebuilders are slow to develop single-family housing stock, according to first-quarter industry data. Renters are expected to absorb between 250,000 and 300,000 apartment […]
Daily News: 4-16-26
Land primed for north Phoenix shopping center to be sold in June Vestar, the Phoenix-based developer of Desert Ridge Marketplace, Tempe Marketplace and Verrado Marketplace, is eyeing about 370 acres in north Phoenix for mixed-use retail development. Vestar has applied to buy two sites, about 187 and 181 acres each, from the Arizona State Land […]
