| There’s Still a Struggle Ahead But Signs Emerge that the Economy is Reawakening The COVID-19 pandemic started to strain the housing market in April, but amid the strain prices are holding firm, according to a new research report. Data shows that housing starts declined by 30% and building permits dropped by 21%, said the report by JLL. Existing home sales…» |
| Sagewood’s $100M Phase II Construction Reaches 70% Complete Sagewood, a Life Plan Community featuring a resort-like setting in northeast Phoenix, has reached more than 70% in construction progress for its $100 million Phase II that includes 101 independent living apartment homes, new restaurants and community amenities. Sagewood is being developed by LCS…» |
| Here’s How Senior Living Facilities are Changing With the Times Much of the focus for modern product design is on how the next generation will embrace a product or concept. Terms like Millennial or Gen Z are thrown around when retailers talk about attracting new customers, and their needs and wants are often at the forefront…» |
| Phoenix Developer Proposes Apartment Building at Former Sears Repair Store Site A local developer has filed plans to build a 172-unit apartment community at the former site of a Sears Parts and Repair store in Phoenix. Moderne Living has a proposal to redevelop the almost 3-acre site as a mixed-use project called The Governor by Moderne…» |
| This Recession Will See a Faster Race to the Bottom for Prices, Analyst Predicts A senior vice president at Real Capital Analytics says the drivers in the current economic downturn are different than the ones that spurred the global financial crisis more than a decade ago. Jim Costello wrote in a post this week that “warning bells” were going off years…» |