Commercial Real Estate & Business News – November 19, 2015
Why Forbes Projects Arizona to Lead U.S. in Job Growth Forbes Magazine has named Arizona the best state for future job growth, but one local economic expert said the distinction does come with some caveats. The magazine in October used forecasts from Moody?s Analytics to call Arizona one of the ?brighter spots in a slumbering […]
Commercial Real Estate & Business News – November 18, 2015
CoStar Group: Investors Still in Love with U.S. Commercial Real Estate Falling unemployment and low interest rates meant good news for the owners of commercial real estate properties in the third quarter of 2015, according to the latest numbers from CoStar Group. In its latest report, CoStar reported that these two factors played a key […]
Commercial Real Estate & Business News – November 17, 2015
So Much For The Death Of Sprawl: America’s Exurbs Are Booming It’s time to put an end to the urban legend of the impending death of America’s suburbs. With the aging of the millennial generation, and growing interest from minorities and immigrants, these communities are getting a fresh infusion of residents looking for child-friendly, affordable, […]
Commercial Real Estate & Business News – November 16, 2015
GCU Plans $400M in Construction Projects Grand Canyon Education Inc. is planning $400M worth of construction projects to expand its Grand Canyon University campus in Phoenix over the next four years. About half of that will be spent over the next couple of years, including the construction of a second engineering building, three new residence […]
Commercial Real Estate & Business News – November 13, 2015
5 New Projects That Will Change Downtown Scottsdale The development flurry that is remaking downtown Scottsdale into one of the Valley’s hottest places for new housing and office space is showing no signs of letting up. Several development projects worth more than $100 million combined are proposed in and around Old Town, with construction of […]
Commercial Real Estate & Business News – November 12, 2015
After Leading CMBS Out of Recession, Retail Loans Slower To Refinance For all of their success in leading a resurgence of CMBS financing following the Great Recession, retail properties face a tougher rode ahead in the short term. Approximately $50 billion of retail-backed CMBS loans are scheduled to mature through 2016. Collateral backed by retail […]