Commercial Real Estate & Business News – July 19, 2022

Arizona is No. 6 Hottest Market for New Residential Construction

A new study shows Arizona is the No. 6 hottest market for new residential construction despite home affordability in the U.S. falling to the lowest levels ever recorded after plummeting by 29% over the last year. Given the…»

Retail Sales Improved Last Week. Or Did They?


When consumers spend, it makes most everyone in business and economics happy. That money drives almost 70% of GDP. There’s money for products and services, businesses do better, and CRE eventually gets its share. When the news of…»

What History Teaches Us About Inflation And Commercial Real Estate

Despite the concern it generates, inflation has always been a natural occurrence in our economic cycle. Because of this, I believe investing in asset classes like commercial real estate, which historically outperform the market during inflationary climates, is…»

Churchill Provides $50M Loan on Build-for-Rent Project in Arizona

Bela Flor Communities has secured a floating-rate loan totaling $49.5 million to finance the construction of Honeycutt Run, a build-for-rent community located in Maricopa, Ariz., Commercial Observer can first report…»

Arizona’s Housing Deficit Has Increased 1,377% Since 2012

Up for Growth, a cross-sector member network committed to solving the nation’s housing shortage and affordability crisis through data-driven research and evidence-based policy, today released a groundbreaking report that finds…»