Commercial Real Estate & Business News – November 5, 2014
Chandler Eyesore (Finally) Set for Demolition Demolition contractor BCS Enterprises of Gilbert has won the contract to tear down the abandoned structure northwest of the intersection of Loops 202 and 101 in Chandler to make way for the mixed-use project Chandler Viridian. The eyesore, previously known as Elevation Chandler contains a skeleton of concrete and […]
Commercial Real Estate & Business News – November 4, 2014
Malls Fill Vacant Stores With Server Rooms The Internet is moving to a shopping center near you. As America?s retailers struggle to keep up with online shopping, the Internet is starting to settle into some of the very spaces where brick-and-mortar customers used to shop. The shift brings welcome tenants to some abandoned stretches of […]
Commercial Real Estate & Business News – November 3, 2014
US Real Estate Price Growth Slows To More Realistic Level Home value growth has peaked in the United States and the cooling real estate market has banished concerns about a property bubble, according to experts. Home values are still rising in most markets, but the rate of appreciation has slowed considerably, making the housing market […]
ORION’s Nick Miner, CCIM Appointed to CCIM Institute’s 2015 Executive Committee
CHICAGO, IL October 30, 2014 – The CCIM Institute (www.ccim.com), one of the largest commercial real estate networks in the world, announced its 2015 leadership teams during the organization’s annual conference in Los Angeles in Oct. 17-21. The CCIM Institute confers the Certified Commercial Investment Member (CCIM) designation, commercial real estate’s global standard for professional […]
Commercial Real Estate & Business News – October 31, 2014
HAPPY HALLOWEEN! Exclusive: Tempe Monti’s to be Joined by $200M Mixed Use Tower The corner of Mill Avenue and Rio Salado Parkway across from the Tempe Town Lake park is getting a new tower. Hayden House Tempe LLC, closed on a 2.5-acre parcel on the southwest corner to preserve the Hayden House – home of […]
Commercial Real Estate & Business News – October 30, 2014
Competition for CRE Lending Creating a Dilemma for Banks Lenders still prefer stabilized properties, but nonresidential construction lending also targeted. The nation?s banks continue to grow their commercial real estate loan portfolios, increasingly betting on the growing demand for new commercial property construction and continued strength in multifamily. However, as many banks acknowledge in their […]