Commercial Real Estate & Business News – December 22, 2021

The Federal Reserve is further tightening up its pandemic-era easy money policy and will increase the pace of tapering, a move that could usher in rate hikes earlier than expected, according to a statement released at the…»
A California company has entered the Phoenix market with plans to bring affordable apartments to different areas of the Valley. Community Preservation Partners is investing $51 million to buy and upgrade three apartment communities in…»
Grand Canyon University has refinanced its 270-acre Phoenix campus in one of the largest real estate financings in state history. Barclays arranged $1.2 billion in financing to be used to repay debt that the nonprofit university used to acquire the property in…»
$969 million will be invested in Arizona highways, roads, and bridges from the bipartisan Infrastructure Investment and Jobs law led by Senator Kyrsten Sinema and shaped by Senator Mark Kelly. The $969,307,549 in funding from the…»
A massive race for space. That’s the most fitting way to describe the booming industrial market we’ve seen from coast to coast since the onset of the health crisis. Throughout 2021, strong e-commerce and retail sales—combined with…»