Commercial Real Estate & Business News 4-29-2025

The uncertainty surrounding tariffs has started to ripple through the commercial real estate sector, reaching even one of the largest players in the industry, CBRE. In its most recent earnings release, CBRE acknowledged that tariffs were casting a shadow over its outlook, making the future “less clear” and causing its project pipelines to shrink compared to previous…»

One-bedroom apartments are taking over Phoenix: Developers built a whopping 13% more of this unit type in the last decade. Now, they make up half of the new apartments in your city. While these smaller living spaces offer convenience, renters won’t be pleased to know they got even more compact. Additionally, this shrinking Phoenix apartment size trend is evident all over the metro area…»

The first quarter’s top three markets for job gains — New York, Dallas, and Houston — also lead the nation in apartment demand. However, beyond these leading cities, the connection between job growth and apartment demand becomes less pronounced, according to RealPage senior real estate economist Chuck Ehmann’s Bureau of Labor Statistics data…»

Thompson Thrift, a full-service nationally recognized real estate company, announced today the commencement of construction for The Gilmore, a $225 million, 35-acre mixed-use development in the Phoenix suburb of Gilbert. The Gilmore will provide 300 luxury apartment homes, a hotel, and approximately 200,000 square feet of grocery, boutique…»

In the days after Nikola Corp. filed for Chapter 11 bankruptcy protection, Scottsdale-based Land Advisors Organization got to work. With an ace in the hole, the real estate advisory group reached out to Houlihan Lokey, the multinational financial services firm tasked by Nikola with “marketing and soliciting potential purchasers for a post-petition sale of their business…»