| The Future of Housing Rises in Phoenix Armed with loads of cash and the latest in machine learning, investors are reshaping the $26 trillion market for U.S. residential real estate, starting in Phoenix, the petri dish for America’s housing experiments. At the edge of the city’s stucco sprawl, a beige, three-bedroom house with a gravel yard sold last month for $240,000. The seller,…» |
| Office Investment Regains Consistency after Challenging End to 2018 The office investment market is back on track and buoyed by significant sources of capital for deal-making, following some political and economic uncertainty over the past year, according to a mid-year Office Investor Sentiment Report by Real Capital Markets (RCM). Investors are starting to look more closely at the investment value of…» |
| Slow Job Growth Will Hamper Apartment Demand Next Year The multifamily market might be headed for a slowdown next year. According to a new economic letter from UCLA Anderson Forecast and UCLA Ziman Center for Real Estate, slowing job growth could hamper apartment demand and stall rental rates in 2020-and investors should start shifting investment strategies to react to the…» |
| Can James Daunt Save Barnes & Noble from Oblivion? After months of uncertainty regarding what will happen to the flailing Barnes & Noble bookstore chain, a sale is imminent. U.K.-based hedge fund Elliott Advisors announced earlier this month that it will acquire the company in an all-cash transaction valued at $683 million, including debt. That breaks down to $6.50 per share. The once-powerhouse…» |
| Goodyear Gets the OK to Build 15-mile Sonoran Valley Parkway. Here’s What the City is Waiting On Goodyear just cleared a hurdle to build the Sonoran Valley Parkway, a more direct route to a community that currently is home to fewer than 100 residents. The feds approved allowing the proposed 15-mile parkway to travel across federal lands. But city officials have no firm timeline for the road first proposed 11 years ago to connect…» |