Commercial Real Estate & Business News – April 25, 2024
Rates Take a Turn for the Worse in an Already Weak Housing Market With the spring home-buying season now upon us, potential home buyers are facing difficult choices as they watch already-high mortgage rates and home prices climb further, and a portion are opting to stay on the sidelines until buying conditions improve. The Mortgage…» […]
Commercial Real Estate & Business News – April 24, 2024
Scottsdale Developer to Bring 1,000 Build-To-Rent Units to Metro Phoenix Scottsdale-based Modus Cos. is going big in the build-to-rent space, to the tune of $425 million. The apartment developer is preparing to break ground on 1,030 build-to-rent units across the metro. High mortgage interest rates and a housing shortage are driving more people to…» Triple-Net […]
Commercial Real Estate & Business News – April 23, 2024
U.S. CRE Price Declines Continue Deceleration in March The pace of decline in U.S. commercial real estate prices decelerated in March for the eighth month in a row, led by improvements for industrial sector, MSCI Real Assets said Thursday. The RCA CPP National All-Property Index fell 3.0% from a year ago and 0.2% from February…» […]
Commercial Real Estate & Business News – April 22, 2024
U.S. CRE Price Declines Continue Deceleration in March The pace of decline in U.S. commercial real estate prices decelerated in March for the eighth month in a row, led by improvements for industrial sector, MSCI Real Assets said Thursday. The RCA CPP National All-Property Index fell 3.0% from a year ago and 0.2% from February…» […]
Commercial Real Estate & Business News – April 19, 2024
$93 Billion Real Estate Giant Is Betting The Market Is About To Hit Rock Bottom Successful real estate investors have long followed the adage: When there is blood in the street, buy property. Historically, this approach has yielded dividends, and it explains the mindset behind a new venture from Hines, a real estate giant with […]
Commercial Real Estate & Business News – April 18, 2024
26-Story Art-Focused Downtown Phoenix Apartment Tower Begins Construction A 26-story apartment tower is beginning construction in downtown Phoenix, the latest project for a New York-based development firm with a focus on art and architecture. The project, called Ray Phoenix, is a joint venture between development firm Ray and VeLa Development…» Phoenix, Dallas See Shrinking Lead […]