Commercial Real Estate & Business News – August 16, 2022

Commercial real estate executives continue to view current conditions as significantly less favorable than previous quarters amid rising interest rates, increased inflation, supply chain disruptions and labor shortages. However, leaders’ expectations…»

With a portfolio of more than 5,000 apartment units in Arizona, Atlanta-based Cortland now plans to build its own apartments in Phoenix and Tucson. One of its first steps toward that effort is creating a director of development position for Arizona and hiring Ashley Nye to fill that role…»

Rent growth across the office and multifamily sectors is no longer in lockstep, disrupting a lengthy period in which the sectors typically followed the same trend, according to a new analysis from Moody’s Analytics. Last year marked the…»

Ask just about any contractor in the Valley about the state of their current business and projects and they’ll tell you this: Business is booming! But, as fruitful as the Arizona construction and development market is throughout Metro Phoenix, it’s not without its challenges…»

SANTA BARBARA, CALIF. — Institutional capital investment in single-family-rental (SFR) acquisitions and build-to-rent (BTR) projects is growing by leaps and bounds. Institutions funded $2.5 billion in SFR acquisitions in…»