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Commercial Real Estate & Business News – March 14, 2022

Commercial real estate market participants are weighing their options as news of the Russian invasion of Ukraine stokes new inflation concerns – and mortgage bankers and originators are watching the Fed carefully to determine what the impact on…»
Private real estate investment firm Cohen Asset Management added to its holdings in greater Phoenix, paying $130 million for seven light-industrial buildings in the Mesa suburb. A joint venture of Martens Development and New York real estate investment firm…»
A joint venture of private equity firms paid just under $55 million for a dual-flagged Hyatt hotel property that opened last year in North Scottsdale, Arizona, a market making a robust recovery from the pandemic. KKR & Co. of New York and Riller Capital, based in…»
A mixed-use development project with 83 apartments and 5,000 square feet of commercial space near the intersection of E. First Avenue and Marshall Way took a step forward last week. The city Planning Commission voted 6-1 Feb. 23 to…»
According to a new CBRE market survey, U.S. commercial real estate investment has bounced back from COVID-19 pandemic, with investor demand reaching new heights and capitalization rates declining across the real estate spectrum. The CBRE survey found…»