Commercial Real Estate & Business News – December 4, 2024
20-story student housing development proposed near ASU in Tempe A gas station and retail center across the street from Arizona State University in Tempe could be redeveloped into a 20-story student housing development with two towers. The project, called Leo Tempe, proposes two 20-story towers and a 10-story parking garage on a 3.7-acre site on…» […]
Commercial Real Estate & Business News – December 1, 2024
Phoenix build-to-rent project looks to capitalize on growing mortgage costs as multifamily rents fall A newly opened build-to-rent development on the western outskirts of Phoenix is looking to capitalize on the city’s rapid population growth and rising costs of homeownership. Locally based builder Curve Development is set to open its most recent project, Cyrene at […]
Commercial Real Estate & Business News – December 2, 2024
7 Trends Shaping the Build-to-Rent Market in 2025 While the build-to-rent (BTR) market has experienced a softening recently as the higher cost of capital has discouraged deals, the general state of the market is “good and getting better,” according to Callum Parrott, president and head of single-family rental (SFR) and BTR for Mill Creek Residential. […]
Commercial Real Estate & Business News – November 29, 2024
2024 Q3 Analysis and Forecasting 2025 The latest Mueller market cycle reports offers an in-depth look at national trends across key property types, highlighting gradual shifts in occupancy and rent growth as economic pressures persist. Take advantage of your member benefits with exclusive access to the Mueller reports. Read more… Developer plans apartments at […]
Commercial Real Estate & Business News – November 27, 2024
Downtown Phoenix building trades hands in auction The historic Heard Building in downtown Phoenix — notable for its Mexican grizzly bear mural — is in the hands of a new owner. The eight-story office high rise went up for auction on Nov. 26 after the lender, SMS Financial VW LLC, filed a notice of trustee sale […]
Commercial Real Estate & Business News – November 21, 2024
Mayo Clinic unveils fresh details about Discovery Oasis biotech campus Mayo Clinic is in talks with companies from all over the world that could locate their operations in its planned 120-acre biotech innovation hub. While it’s too early to reveal the names of the first companies planning to call Mayo’s Discovery Oasis campus home, the […]