Commercial Real Estate & Business News – December 15, 2021

The big question in the office sector of CRE is when will people return to the office. A line of government data that’s been building since May 2020 suggests that tens of millions already have. But, if so, why do so many in real estate and corporate management feel that the…»
Toronto-based Mattamy Homes recently closed on 72 acres in Surprise for its $115 million master-planned community called Bonita Ranch.The Canadian homebuilder purchased the site located in the northwest Loop 303 corridor at Jomax Road and…»
Three Mesa apartment complexes sold for a total of more than $354.5 million in a series of deals over two days last month as the investor feeding frenzy intensifies in the region’s multifamily market. While the activity of large investment groups in the…»
Decron Properties continues to build a formidable portfolio of multifamily assets in the Phoenix MSA with its acquisition of Arrowhead Ranch by Baron, a 256-unit community in Glendale, AZ, for $101 million. With the addition of Arrowhead Ranch, Decron has now…»
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for September 2021. For the month of September, 3.9% of all mortgages in the U.S. were in some stage of…»