Commercial Real Estate & Business News – March 6, 2023


Labor is a top reason why companies are choosing to move to or expand in the Phoenix metro, particularly in fast-growing areas like the West Valley. For the past two decades, West Valley cities such as Goodyear and Surprise have seen…»

Macerich Refinances Arizona Mall, CBL Works Through $231 Million in Debt, Whittled Down La Quinta Portfolio Refinanced

Macerich Refinances Arizona Mall: Goldman Sachs is heading to market with a portion of a $700 million loan in a single-borrower, single-property commercial mortgage-backed securities deal — the first such mall-backed offering since…»

CRE Investors Expect Good Returns This Year

Going into 2023 has been for CRE a bit like jumping into a mountain lake and feeling that surge of cold racing through your body. The uncertainty about valuations, the economy, and interest and cap rates. It’s understandable that transactions have…»

Arizona Housing Affordability Hits a New Low

Housing affordability dropped to a new low nationally and in Arizona during the fourth quarter of 2022. The National Association of Home Builders/Wells Fargo Housing Opportunity Index, released February 9, indicated that only…»

For Two Days the 10-Year Treasury Broke 4%.

No, it doesn’t signal an end of the Treasury yield curve inversion, whether 10-year to 2-year, 10-year to 3-month, or any other variation you’d like to suggest. So, no, there isn’t a sudden end to that traditional sign of an upcoming recession. However, yields on…»