Commercial Real Estate & Business News – May 13, 2021

Businesses across the nation generally had a tough time grappling with the COVID-19 pandemic and economic-lockdown measures that went with it. But Arizona’s larger public corporations, for the most part, had a solid year. These companies earned…»

Nationally, effective asking rents for U.S. apartments climbed 1.3% in April, rising at the fastest pace seen during a single month for the past decade or so and likely at the fastest pace ever, according to new data from RealPage, the leading provider of…»

New homebuilder permit data shows exactly how scary it was for homebuilders at the beginning of the coronavirus pandemic. Homebuilder permits issued by Valley municipalities between January and April were up 37% over the same period in 2020, according to…»

U-Haul customers have spoken, well actually thousands have moved, and Arizona is among the top 5 destinations for one-way moving trucks. Trends data compiled from more than two million one-way U-Haul truck customer transactions in 2020 found…»

Zoning rules in single-family communities are often restrictive and prohibit the development of dense, horizontal multifamily projects. Build-to-rent housing developments can be integrated into single-family communities while still preserving…»