Commercial Real Estate & Business News – January 7, 2021

Real Estate Industry Outlook 2021
For the real estate market, 2021 will be about reinvention. Real estate leaders will be challenged to find responses to COVID-19 and civil unrest threatening their property values. This uncharted territory will first and foremost involve preserving value across each portfolio, keeping…»
Multifamily Leaders Concerned about Rent Issues, Economy: Survey
As the COVID-19 battle moves into its second year, a survey of multifamily industry leaders said timely rent payment was the most challenging issue of 2020. Optimism about rent growth and the overall economy dropped to the lowest levels in a decade among respondents in an annual survey by J Turner Research…»
Ryan Companies Sells Building in Phoenix’s Tempe Office District
A partnership of real estate private equity firm Ascentris and developer Cypress Office Properties bought a new office in Tempe, Arizona, one of Phoenix’s strongest and highest-profile office districts. Denver-based Ascentris and Cypress, based in San Diego, bought the 169,223-square-foot building…»
The 2021 Housing Market Will be Stronger Than 2020
This is the fourth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions. Every Tuesday in December, HousingWire interviewed a top economist in the HW+ Slack channel. The 2021 housing market forecasts have focused on everything from…»
Phoenix is One of the Top Cities People Moved to in 2020
People were on the move in 2020, and Phoenix was in the top 10 U.S. cities for inbound growth. To measure the changes, New York City-based relocation services provider Updater analyzed a random sampling of 1.5 million h​ousehold moves across the United States that took place from January…»