Commercial Real Estate & Business News – April 20, 2022

Consumers kept spending in March despite record-level inflation, supply chain issues and geopolitical unrest. Retail sales in March unchanged seasonally adjusted from February but up 4% year-over-year. In February, sales were down…»
The multifamily market continued apace through 2021 as the investment champion, driven by a combination of strong demand, easy money and lack of supply. No real surprise at the general observation, given data from various sources throughout…»
Banner Health is planning construction for a new, comprehensive hospital and medical center in Buckeye, which is located in the Southwest Valley of Metro Phoenix. Banner Health is the leading health care provider across metro Phoenix, recognized for…»
South Korea-based LG Energy Solution Ltd was the sole bidder and winner of about 650 acres of state land in Queen Creek in a Tuesday morning auction. The company paid the minimum bid price of $84.44 million, or nearly $130,000 per acre. The site is…»
The Arizona Multihousing Association (AMA) has launched a new program called Arizona Housing for All, which will address the regulatory issues at the local, state, and federal levels to combat the housing supply and demand issues that are…»