Commercial Real Estate & Business News August 2, 2018

The Federal Reserve is holding interest rates steady, for now. The unanimous statement by policy makers under Fed Chairman Jerome Powell came at end of a two-day meeting in Washington. The decision had been expected, and the Fed indicated little deviation from its current plans to raise rates at least two more times this year…»
With burdensome living costs and a massive shortage of affordable housing in the U.S. on everybody’s lips these days, money saving sounds like a foreign concept to many. Are there any people out there who still manage to put money in their piggy bank after paying all their living expenses? If the answer is yes, where do these people live? How much money do they manage to save monthly…»
HonorHealth will open its sixth hospital, at 1-17 and Dove Valley Road, in September 2020. The new hospital will form the centerpiece of the HonorHealth Sonoran Medical Center campus in north Phoenix. “We’re delivering on the commitment we made to the community on Dec. 9, 2013, when we opened the Sonoran Health and Emergency Center on this campus…»
The Maricopa Association of Governments is seeking a consultant to create a targeted growth master plan for Luke Air Force Base and the communities that surround it. The goal is to identify growth and infrastructure plans in surrounding communities and see how they may overlap or conflict with Luke’s expanding mission, according to the request for proposals, which was issued earlier this month.…»
When a company relocates or expands in Phoenix, its press release likely will cite the region’s talented workforce. Arizona State University, one of the largest U.S. universities by enrollment, consistently churns out graduates well-equipped to fill the growing number of job openings in the metropolitan area. However, people relocating to Phoenix are also contributing to a robust labor pool…»