Commercial Real Estate & Business News – February 25, 2025

Apple announces plans to invest billions in Arizona

Apple today announced its largest-ever spend commitment, with plans to spend and invest more than $500 billion in the U.S. over the next four years, including billions in additional investments in Arizona. This new pledge builds on Apple’s long history of investing in American innovation and advanced high…»

Land firm looks to attract more data centers to Buckeye site

Arizona Land Consulting has been making more plays around the Buckeye Municipal Airport following its major sale of 2,100 acres to data center developer Tract. The Phoenix real estate firm recently scooped up more than 150 acres abutting Tract’s sprawling property in the West Valley for $21.7 million…»

How Trump administration policies could shape the real estate recovery

As they celebrate another quarter of surging deals, executives with the largest commercial real estate brokerages are sounding notes of caution amid what they say is growing uncertainty over the potential effects of the Trump administration’s economic policies. While optimistic that deal activity will further…»

Tempe votes to expand opportunities for multifamily projects

Tempe will increase the construction of multifamily homes mandated under the “Middle Housing Bill,” a state-mandated bill that expands the construction of smaller housing units to increase housing options. All single-family zoned homes within one mile of the Central Business Development will be able to…»

Banks Show Resilience Against CRE Loan Risks

Concern about the effect of commercial real estate loans on U.S. commercial banks has been ongoing for years. However, growing evidence has been that conditions might not be as bad as many thought. A new report from S&P Global Ratings said that the chance of CRE loan problems creating significant…»