Daily News from the desk of Nicholas L Miner, CCIM – June 24, 2009

Here are the news stories you might find interesting today: 45,000-plus Valley properties remain in foreclosure ‘Fast food’ salad restaurant opens As Scottsdale gets older, developers take notice U.S. home sales rise again in May Sales of existing homes rose for the second straight month in May, signaling low prices and incentives are attracting buyers. […]

Daily News from the desk of Nicholas L Miner, CCIM – June 23, 2009

Here are the news stories you might find interesting today: Area hotels see dip in occupancy, revenue Phoenix tower projects vie for renters amid tough commercial market ADOT announces $22M in stimulus contracts Nearly $22 million in contracts were awarded Friday by the Arizona Department of Transportation for highway projects that will be funded through […]

Daily News from the desk of Nicholas L Miner, CCIM – June 22m 2009

Here are the news stories you might find interesting today: MID-AMERICA ADDS TO MULTI-FAMILY HOLDINGS . . . SPENDS $17.5 MILLION FOR 232 UNITS Gilbert – A company formed by Mid-America Apartment Communities Inc. in Memphis, Tenn. (NYSE:MAA, Eric Bolton, chairman) paid $17.5 million ($75,431 per unit) to buy the 232-unit Skyview Ranch apartments at […]

Ken Riggs: Second Quarter 2009 Edition of the ITQ

Click here for the audio podcast of Ken Riggs. The outlook for commercial real estate is just plain bleak. The economic downturn that hit the nation is the “worst downturn since the Great Depression.” And, this so-called “tsunami” is so pervasive and struck so quickly that even the most seasoned commercial real estate professionals asked: […]

Daily News from the desk of Nicholas L Miner, CCIM – June 19, 2009

Here are the news stories you might find interesting today: If you would like to read the online issue of the Urban Land Institute June 2009 issue, click here. Council quits light-rail board membership Shopping center disappears under recession Arizona Mills still closed after fire $20 MILLION, 59,700-SQUARE-FOOT PERFORMANCE INSTITUTE PLANNED CASA GRANDE, ARIZ. – […]

Daily News from the desk of Nicholas L Miner, CCIM – June 18, 2009

Here are the news stories you might find interesting today: Walmart wins Cave Creek council approval Census opening office in Peoria Economy leaves many Valley projects unfinished L.A. Angels Owner Buys Biltmore Court Los Angeles Angels owner Arte Moreno and business partner Joseph Fitzgerald acquired the Biltmore Court apartment complex in Phoenix from the National […]