Commercial Real Estate & Business News – January 9, 2025
Yardly McDowell build-to-rent community sells for $46.5 million San Diego-based Tower 16 Capital Partners has successfully acquired Yardly McDowell, a 167-unit, Build-to-Rent (“BTR”) multifamily property located in the rapidly growing West Valley of Phoenix, AZ. The property was built in 2023 and was acquired for $46.5 million, well below…» Adero Scottsdale Resort finds new owner […]
Commercial Real Estate & Business News – January 8, 2025
Moderate Recovery in CRE Investment Activity Expected in 2025 The commercial real estate capital markets are in a much better operating environment to start 2025 than they were versus this time last year. The reasons for this are numerous, including a short-term rate-cutting cycle that is helping keep floating rate debt and rates around 4% […]
Commercial Real Estate & Business News – January 7, 2025
Rents Expected to Grow in 2025 on Strong Multifamily Fundamentals Operational expenses, including the increasing cost of insurance, will continue to have a major impact on the multifamily industry over the next year, according to Colliers’ 2025 Outlook for commercial real estate. Insurance has been a sticking point for the past couple of years. Deals […]
Commercial Real Estate & Business News – January 6, 2025
CRE Transaction Gridlock Set to Ease in 2025 The economic landscape has shifted significantly and as a result, the commercial real estate industry is poised for a turnaround in 2025 after two years of challenges and headwinds. Several indicators point to fair pricing of CRE assets and increased investor interest, which means a period…» Loan […]
Commercial Real Estate & Business News – January 3, 2025
2024 Year in Review: Advancing Arizona Economy In 2024, the Arizona economy continued to attract historic investments while pioneering new advancements for workers, startups and small business owners, rural communities and more. “2024 represented a year of significant growth and investments to continue growing…» More Renters Stay for a Decade or Longer More renters are […]
Commercial Real Estate & Business News – January 2, 2025
What to Watch for in 2025: Office Demolitions to Accelerate As the office sector emerges from a generational shock to overall demand, many buildings that once buzzed with activity now struggle to attract occupants. The large amount of office space no longer considered competitive has led some observers to suggest that the sector is not […]