Commercial Real Estate & Business News – July 18, 2022

Contractors and their customers might have seen the peak in materials prices, according to the Associated Builders and Contractors (ABC) analysis of US Bureau of Labor Statistics’ Producer Price Index data released this week…»

Arizona’s tourism industry has outpaced the rest of the nation in its recovery from the Covid-19 pandemic. A new report released this week from the Arizona Office of Tourism found that in 2021 there were 40.9 million overnight visitors in Arizona and…»

PHOENIX, AZ – Partners, Medistar Corp., GMH Communities and a fund sponsored by CBRE Investment Management have obtained a $204 million construction loan, closed by a CIM Group-managed fund, for the development of…»

Retail continued its strong pace through the first half of 2022, but a new midyear survey indicates moderating expectations in the coming months. Nearly three quarters of all respondents to Levin Management Corporation’s recent retail sentiment survey reported…»

Award-wining interior design firm, Private Label International, was selected by Revel Communities, a division of The Wolff Company, to design the company’s two new independent living communities in Scottsdale, AZ. Revel Scottsdale and Revel Legacy are…»