Commercial Real Estate & Business News – June 1, 2022

CRE Price Growth is Slowing but Still Going

In science and engineering it’s the difference between what calculus calls the first and second derivatives: how fast something is changing and then the shift in that rate of change. For commercial real estate properties overall, April was…»

Global Economic Report: Optimism Amid the Headwinds


Major events have marked 2022 so far, ranging from the geopolitical (the Russia-Ukraine war), to the economic (inflation). Topping it all off are continued logistics bottlenecks caused, in part, by COVID-19 lockdowns in China. Despite this…»

10 Economists Offer Their Advice for CRE Investors



It’s an understatement to say that there’s a lot of uncertainty right now regarding not only the U.S. economy, but the global economy at large. As the world faces another pandemic wave and the war in Ukraine creates…»

Office Vacancy Plateaus in Phoenix

The month of April brought no change to Phoenix’s office vacancy rate, CommercialEdge data shows. The metro’s average rate remained at 15.1 percent, unchanged month-over-month and, once again, below the…»

Chicago Multifamily Investor To Build Its First Development in Greater Phoenix

Multifamily developer 29th Street Capital bought 20 acres for a planned single-family rental project in Apache Junction, Arizona, as the firm expands its footprint in greater Phoenix with its first development project. The Chicago-based developer paid…»