Commercial Real Estate & Business News – February 21, 2024
Slight Uptick In CRE Loan Closings Signals Possible Stabilization Of Financing Market The pace of commercial real estate loan closings inched up toward the end of last. year, signaling a possible change in sentiment among banks and other CRE lenders. The CBRE Lending Momentum Index increased by 1% in the fourth quarter, marking the first […]
Commercial Real Estate & Business News – February 20, 2024
Let’s Accept It: The Fed’s Rate Hikes Did Little to Slow this Roaring Economy Can’t stop won’t stop? OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. And as we walk into retail earnings hell — a period where too many retailers report […]
Commercial Real Estate & Business News – February 16, 2024
JE Dunn Tops Out 23-Story Saiya on Roosevelt Row JE Dunn Construction and Hatteras Sky announced a major milestone, as its newest development in Phoenix, Saiya, celebrated its official “topping out” last month. The 23-story apartment high-rise project, located at First Avenue and West McKinley Street, broke ground in July…» Top 10 Lease-Ups in Arizona […]
Commercial Real Estate & Business News – February 15, 2024
Why US Economy is Powering Ahead of Europe’s While countries around the world have struggled to recover from the economic setbacks brought on by the pandemic, one has emerged particularly strong. With a fast-growing economy, a strong labour market and falling inflation, the US has outpaced its counterparts in Europe…» CRE Loan Originations Drop 25% […]
Commercial Real Estate & Business News – February 14, 2024
2,000-Acre Tech Park Could be Established in Buckeye for Major Employer A nearly 2,000-acre data center and technology campus could be developed west of Phoenix in a new corridor the city of Buckeye is looking to establish around its airport. The Buckeye planning commission is scheduled to vote Feb. 13 on creating a designated technology…» […]
Commercial Real Estate & Business News – February 13, 2024
Retail’s Return: Is the Sector 2024’s Sleeper Hit? While it’s a hyperbole to call the recent turn in retail’s fortunes a renaissance, it almost seems appropriate considering parts of the sector were left for dead not long ago. The past year was an endurance test of sorts for the industry, which proved to be both […]