Daily News 10-6-2026
Fairmont Scottsdale Princess sold to San Manuel Investment Authority San Manuel Investment Authority (SMIA), an unincorporated governmental instrumentality of Yuhaaviatam of San Manuel Nation (Nation), through its affiliated entities, announced today its acquisition of Fairmont Scottsdale Princess in Scottsdale, Arizona. “We are delighted to welcome the staff and guests of Fairmont Scottsdale Princess into the […]
Daily News 10-5-2026
This Arizona city named one the nation’s top ‘boomtowns.’ Here’s why Phoenix was named one of the nation’s top boomtowns in a recent ranking by LendingTree. The study analyzed the 50 largest metropolitan areas in the U.S. across three categories: people and housing; work and earnings; and business and economy. Southern metros largely dominated the […]
Daily News 10-2-2026
US consumer spending hits fastest pace in more than a year Americans spent at the fastest pace in over a year in August, helping fuel economic growth amid persistent inflation. Inflation-adjusted personal spending rose 0.6% in August from a month earlier, according to Bureau of Economic Analysis data released Wednesday. It marked the biggest monthly […]
Daily News 10-1-2026
Top 10 Markets for Multifamily Transactions in H1 2026 Multifamily sales volume was nearly unchanged nationwide in the first half of 2026, but the flat headline concealed a substantial shift in where capital landed. Sales totaled $41.1 billion, down just 0.3 percent from the same period last year, according to Yardi Matrix data. Deal flow […]
Daily News 9-30-2026
Massive Industrial Proposal Could Reshape More Than 5,000 Acres West of Phoenix Scottsdale-based LKY Development is pursuing industrial zoning for approximately 5,157 acres near Tonopah, positioning a large portion of the Belmont master-plan area for employment uses west of Phoenix. The vacant site lies generally between 347th and 371st avenues, north of Indian School Road. […]
Daily News 9-29-2026
NMHC Survey: Multifamily Developers See Better Days Ahead Increasing construction costs, economic uncertainty, and low rent growth continue to hamper multifamily developers and builders. However, they remain optimistic about overall construction conditions as they look ahead to next year, according to the National Multifamily Housing Council’s (NMHC’s) quarterly survey of leading construction and development firms […]