Commercial Real Estate & Business News – February 20, 2024

Can’t stop won’t stop? OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. And as we walk into retail earnings hell — a period where too many retailers report all at once and the comparisons become odiously confusing, starting with…»

Residential Realtor Somone Wilder is a Top 40 Under 40 Realtor in Maricopa County with a track record of selling more than 500 homes in just the past 500 years. Featured on NPR and in Bloomberg Magazine, she has positioned herself as an expert in her industry. She’s warns potential homebuyers…»

Six years after receiving approval from Scottsdale City Council to build a new hotel in Old Town, Desco Arizona LLC aims to break ground on the project this year. On Feb. 6, Phoenix-based Biltform Architecture Group submitted an application to reapprove the landscape plan and building elevations for…»

They called it the “Great Consolidation,” a wave of bank branch closures during the pandemic that seemed to herald a new age of digital banking that would turn your favorite local vault into a relic from a bygone era. Well, we just got an overdraft notice on that gloomy outlook: The…»

It isn’t just retirees who are moving to Arizona these days.The state now draws people of all ages, seeking to escape to a place known for mostly mild winters and abundant sunshine. In its 2023 migration report, Allied Van Lines found that Arizona was No. 2 in popularity for people…»