Commercial Real Estate & Business News March 27, 2019

After Sluggish Q4, Valley Homebuilders Now Bullish on Spring Selling Season
Coming off a bit of a sales lull during the fourth quarter of 2018, Valley homebuilders are confident about home sales this spring. Officials with Tempe-based Fulton Homes and Scottsdale-based Maracay Homes say they’re gearing up for a strong market during the next few months. With 5,000 lots under development, Fulton Homes expects its activity to be…»
Opportunity Zones Hype Overshadows Potential Pitfalls and Risks
Dozens of Opportunity Zone funds are racing to capture a wave of private equity dollars seeking value-add investments that come with the added perk of a hefty break on capital gains taxes. The frenzy is creating a bit of a Wild West mentality that has some raising concerns about the potential dark side to Opportunity Zones. Many view the new Opportunity Zone program…»
Newly Renovated Arizona Center Adds Tenants, Will Break Ground on New Jotel
Financial headlines have been full of worries about a possible recession and a downturn in commercial real estate markets. Recessions often precipitate a decline in real estate markets, but long periods of increasing construction and rising property prices may pose risks of their own. Stock prices fell sharply in December in a bout of…»
Advisors Are Bullish on Real Estate for Steady Cash. Here’s Why You Should be, Too
Investments in real assets, whether on the equity side or the debt side, offer seemingly endless options for fixed income. If you can build it or finance it, you can invest in it. One easy-to-understand way to attain real estate participation for clients is through real estate investment trusts, which allow individual investors to buy shares in…»
Arizona Ranks In Top 5 States for Personal Income Growth
Arizona ranked fifth in the United States for personal income growth  in 2018, according to a report released today by the U.S. Bureau of Economic Analysis. Personal income grew 5.5 percent in Arizona, beating out the national average of 4.5 percent.  Earnings were the leading contributor to personal income growth in 2018. Arizona’s…»