Commercial Real Estate & Business News – June 10, 2021

Industrial-focused investment firm Westcore received a $500 million equity capital infusion from the Arizona State Retirement System, with plans to pursue further acquisitions and development in high-demand sectors including e-commerce distribution…»
In its survey of 11.7 million units of professionally managed apartment units across the U.S., the National Multifamily Housing Council’s (NMHC’s) Rent Payment Tracker found that 77% percent of apartment households made a full or partial rent payment by June 6…»
Ron Dickerman traveled to San Francisco in the depths of the great financial crisis (GFC) to meet with a wealthy private investor, just one stop among many as he traversed the country as part of a road show, of sorts. It was around seven years since Dickerman had founded…»
Americans moving to Phoenix or who made out-of-town moves last year typically paid less money for larger houses, according to a new Zillow analysis of moving data from north-American® Van Lines. That’s a sharp break from the trend in recent...»
When the news gets out that Greater Phoenix is one of the top places in the nation to find a new job opportunity, people start heading to Arizona and Phoenix growth explodes. Late in 2018 and early in 2019, that news started getting out in ranking after…»