Commercial Real Estate & Business News – August 18, 2023
CRE Lending Could Get Even Tighter If Fitch Downgrades Banks The U.S. commercial real estate industry’s ability to get credit and, therefore, fortunes have strong ties to the 4,648 insured banks (according to the FDIC) in the country that provide about 38.6% of CRE loans. Anything that negatively affects the stability and credit…» Cannon Beach […]
Commercial Real Estate & Business News – August 17, 2023
Arizona Is Not Running Out of Water or Workers A recent article published in Foreign Policy arguing against corporate investment in Arizona completely misses the mark. Not only does it misstate the facts, but it also dismisses Arizona’s decades of success advancing sustainable growth while ignoring the many climate challenges…» HonorHealth to Build Hospital at […]
Commercial Real Estate & Business News – August 16, 2023
Institutional Investors Are Primed to Buy Apartments in H2 Institutional investors have remained on the sidelines for most asset classes this year, including their erstwhile darling multifamily. But a new analysis by Institutional Property Advisors suggests they will return in force in the second half of 2023. That will largely be due…» Tesla EV Sales, […]
Commercial Real Estate & Business News – August 15, 2023
America’s New Boom Towns: Can Phoenix Handle the Surge? Welcome to America’s new boom towns — cities across the U.S. and Texas that are estimated to experience unparalleled growth by the year 2100. From the Phoenix metro area to the Texas cities, these cities have seen influxes of people looking to call these boom towns […]
Commercial Real Estate & Business News – August 14, 2023
Investment Sales Expected to Improve in H1 2024 Despite better-than-expected economic growth in the first half of the year, concerns over the U.S. economic outlook dampened investor sentiment, according to a new report from CBRE. The firm said uncertainty about where interest rates were going and tightening lending standards by…» Arizona Economic Development Breaks Records: […]
Commercial Real Estate & Business News – August 11, 2023
Axon Files Plans for Huge Corporate HQ Site, and more, in North Scottsdale Nearly three years after a major purchase of north Scottsdale land, Axon Enterprise Inc. submitted a proposal that outlined its vision to turn that vacant land into its new corporate headquarters — and much more. The Scottsdale-based law enforcement technology company filed…» […]