Commercial Real Estate & Business News 6-26-2025

Over the past six months, business leaders have felt the economic, and emotional, ups and downs that have characterized 2025. They are looking for a way forward in the second half of 2025 and deciding which goals can be achieved now, which should be postponed, and which should be planned for further down the road. While we don’t know what the economy will look like the rest of the year, businesses should focus on their vision for…»

PHOENIX — The East Valley city of Mesa recently ranked as the No. 11 best-run city in the country. A study from WalletHub looked into 148 largest U.S. cities and focused on how well city leaders managed and spent public funds. The quality of services city residents received in comparison to a city’s budget was also a factor in the study. Details on Mesa and other best-run city rankings. Other categories that were looked at were rankings in financial stability…»

The narrative about multifamily is that residents are divided into two categories: Renters by need who rent because of financial constraints. Renters by choice who choose to rent because of lifestyle preferences. According to a recent RentCafe report, one growing demographic in the renter-by-choice category is millionaires. The write-up explained that the number of millionaire rentals has tripled since 2019, “outpacing their home owning…»

Multifamily housing reflects a tale of two distinct markets, with high-cost cities experiencing elevated construction costs that are limiting new supply, leading to higher rents, while other markets with more moderate construction costs are seeing a surge in development activity that is likely to put downward pressure on rents. This is according to Avison Young’s mid-year multifamily outlook, which pointed to core markets like…»

A permanent 12% increase in low-income housing tax credit (LIHTC) authority is included in the Senate reconciliation bill. The proposal is in in the legislative text recently released by Senate Finance Committee chairman Mike Crapo (R-Idaho). The Senate plan to permanently increase LIHTC allocations beginning in 2026 differs from the House bill, which calls for a 12.5% increase for four years. The Senate version also seeks to permanently…»