Commercial Real Estate & Business News – February 13, 2025

CBRE has a new report on commercial lending momentum. With an eye to classic movies, it might as well have been called, “I’m going to make him an offer he can’t refuse.” This is a moment many in CRE have waited for over the last few years. As CBRE put it, lending momentum has accelerated…»

Phoenix was a top performer for both multifamily supply and demand in 2024. According to a RealPage report from early January, Phoenix came in at No. 4 on the nation’s list for most apartment demand, absorbing 28,429 units last year. On the supply side, it ranked No. 3, with…»

A solid, if underwhelming, January jobs report is likely to reinforce the Federal Reserve’s “wait-and-see” strategy on interest rate cuts through its next few meetings. However, a closer look at some of the report’s details show that the job market is making a better effort keeping employees…»

Homes in metro Phoenix have become less affordable due to rising costs as the population in the area continues to grow. The median home price has shot up across the Valley, hitting $469,500 during the third quarter of 2024, which is nearly $70,000 more than…»

Arizona State University is a comprehensive teaching, learning and discovery enterprise — more than 1 in 4 working Arizonans with at least a bachelor’s degree earned it from ASU — but its benefits and economic impact extend well beyond broadening the horizons of students and…»