Commercial Real Estate & Business News – April 12, 2022

REITs rebounded in March from a slump earlier this year, posting a total return of 7.1% for the FTSE Nareit All Equity REITs index and 6.5% for the FTSE Nareit Equity REITs index. The turnaround occurred as pandemic response measures continued to…»
The great migration during the pandemic saw big cities and pricey states lose population, while suburbs and budget-friendly locales rolled out the welcome mat. Arizona saw its population grow significantly during the pandemic. Did you move during the pandemic?…»
Phoenix will soon harbor a new University of Arizona Health Sciences research facility. Once completed, The Center for Advanced Molecular and Immunological Therapies (CAMI) will serve as a health sciences hub for the study of…»
Tri Pointe Homes Inc. (NYSE: TPH) has paid $27.7 million for 252 acres in the East Valley, with plans to build 774 homes. Plans call for breaking ground this summer with home sales scheduled to begin in 2024, said James Attwood, president of Tri Pointe’s Arizona division. Attwood said…»
The Phoenix metro area was already growing at a rapid pace in the spring of 2020. Then, the COVID-19 pandemic hit, and life changed for us all.Work went remote, school too, and we all found ourselves at home a lot more. And that made…»