Commercial Real Estate & Business News – October 5, 2015
Metro Phoenix Homebuilding Boom Creates Demand For Construction Workers Metro Phoenix’s homebuilding recovery didn’t stall in August like it has at least a few times times since the crash – another strong indicator the recovery is finally on. New home permits shot up 78 percent in August from the same month a year ago. That’s […]
Commercial Real Estate & Business News – October 2, 2015
Downtown Phoenix’s Roosevelt Row Named One of the ‘Great Places in America’ The American Planning Association announced today that Roosevelt Row in downtown Phoenix has been designated as one of the “Great Places in America.” APA representatives, Phoenix Mayor Greg Stanton, Councilwoman Kate Gallego, Councilman Michael Nowakowski and the Roosevelt Row Community Development Corp. gathered […]
Commercial Real Estate & Business News – October 1, 2015
$100+ Million Nets IMT Mega-Sized Apartment Complex in Phoenix It had been over a decade since the company’s last apartment property purchase in the Valley, but IMT Capital LLC has jumped back into the Phoenix multi-family investment market in a big way. The company paid $100.5 million ($120,793 per unit) to acquire the 832-unit Deer […]
Commercial Real Estate & Business News – September 30, 2015
2015 Poised to Be Busiest Year Ever for Multifamily Sales As summer turns to fall, a lot of exhausted multifamily investment and finance professionals around the country are wondering whether the scalding apartment sector is hitting—or at least nearing—its cyclical peak. With apartment transactions continuing to keep a torrid pace, industry analysts predict 2015 will […]
Commercial Real Estate & Business News – September 29, 2015
Economy Watch: How Did the U.S. Economy Fare in Q2? The U.S. economy did better than expected during the second quarter, coming in at an annualized growth rate of 3.9 percent, according to the Bureau of Economic Analysis on Friday. That?s the final estimate that the BEA will make for the quarter, and an improvement […]
SPOTLIGHT ON: NICK MINER, CCIM – JUST THE TICKET interview by Central AZ CCIM Chapter
Here is a recent interview with the Central AZ CCIM Chapter: What is your area of expertise? I focus on retail and office investment sales, but often lately find myself helping clients solve difficult problems relating to redevelopment of assets. When did you know you wanted to make commercial real estate your career? It really […]