Commercial Real Estate & Business News 7-15-2025

A Canadian investor’s deal to buy six apartment complexes across the Sun Belt is more than just the purchase of 1,600 apartments. It’s also the latest bet that increasing multifamily demand is set to gain more momentum in the second half of the year as fundamentals improve. Slate Asset Management said it’s acquiring the portfolio of unspecified…»

Here are the Top 10 best places to live in Arizona, based on voting by readers that was conducted at azbigmedia.com. 1. Litchfield Park Background: Litchfield Park is a premier place to live in Arizona, offering a blend of safety, affluence and community charm. The city boasts a low crime rate, 81% below the state average, and a high median…»

Arizona didn’t make the highest echelon of CNBC’s annual ranking of the best states to do business, but it remained in the top quarter. The Grand Canyon State held on to its No. 12 spot on the business television network’s America’s Top States for Business 2025 rankings, released on July 10. CNBC’s list aims to identify factors companies…»

While U.S. prices rose 2.7% over the 12 months through June and inflation remains a concern, especially with higher tariffs kicking in, inflation has all but evaporated in metro Phoenix. Nationally, inflation ticked up from a 2.4% rise over the 12 months through May. Many economists expected a bigger jump given that higher tariffs are starting to kick in or will soon. “The most…»

Capping a pugnacious first half of 2025, the July 2 Scottsdale City Council meeting was another “grab the popcorn and watch the fights” event. Typically, in order to take seven or eight weeks off but still satisfy the two-meetings-per-month requirement, Council squeezes two meetings into the first week of July, then pushes the next two meetings to the last week of…»