Commercial Real Estate & Business News – December 14, 2023

The Fed’s Last Big Decision of 2023 Could Set Americans up for Some Relief Next Year

The nation’s central bank is about to make its last big decision of 2023. It could signify good things to come for Americans in the new year. On Wednesday, the Federal Reserve will announce whether it will continue its pause on interest rate increases, and market-based predictions…»

PTK Spotlight: 50 Commercial Real Estate Projects to Know in 2024

Every year, AZ Big Media, which publishes both PTK and AZRE magazines selects Arizona’s top people and projects to showcase in its premier commercial real estate magazine — PTK — from an impressive and competitive nomination pool. Here are the 50 commercial real estate…»

Mixed Shopping Cart for Retail: ICSC Show Report

Construction challenges, retailer demand and the prospects for 2024 were the talk of the organization’s annual New York City event. Attendees at ICSC’s annual New York City conference presented a wide range of impressions of the diverse sector. Upbeat projections for leasing…»

Here’s Where Economic Experts Say Arizona is Headed

Arizona’s economy didn’t grow much in 2023, and the following year won’t fare much better. But the state and its residents should count their blessings, said one of its most respected financial experts. “The U.S. economy is experiencing slower growth with moderating inflation but appears…»

New Multifamily Starts to Slow to a Crawl in 2024, Say InterFace Panelists

Multifamily developers are bracing for the uncertainty of 2024 as their projects are delivering into a landscape where new supply is outpacing demand by a significant margin. In the third quarter, a total of 114,000 new multifamily units were delivered in the United States compared to 82,100…»