Commercial Real Estate & Business News – April 6, 2022

If there wasn’t enough buzz already around the upcoming Global Ambassador hotel being developed by famed restaurateur Sam Fox in Phoenix’s Arcadia neighborhood, now celebrities are involved in the project. Fox, who has become a leader in…»
In the rush to build new housing in the face of high demand, some Mesa residents are anxious about their neighborhoods changing overnight with an influx of hundreds or thousands of new residents with one large project. That struggle is playing out in a…»
International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its latest Crane Index and Quarterly Cost Report. Together, the two documents provide an on-the-ground picture of construction activity in 14 key North American markets…»
Creation RE, a fast-growing real estate investment and development firm headquartered in Phoenix, and institutional investors advised by J.P. Morgan Global Alternatives announced today a joint venture that will invest $1 billion in…»
It’s no secret employers are struggling to retain labor amid the persistent Great Resignation.The U.S. quit rate, or the number of people that left their jobs as a percentage of total employment, reached a record 2.9% in December 2021, according to…»