Commercial Real Estate & Business News – May 30, 2022

U.S. Economy Kicks off Second Quarter on Strong Note; Rise in Inflation Slowing

WASHINGTON, May 27 (Reuters) – U.S. consumer spending rose more than expected in April as households boosted purchases of goods and services, and the increase in inflation slowed, which could underpin economic growth in the second quarter amid rising…»

Top 10 Multifamily Markets by Sales Volume in 2021

The multifamily market had an exceptional year in 2021, exhibiting healthy fundamentals across the board. Behind the market’s unpredicted expansion was demand, with the pandemic highlighting not just the essential feature of the multifamily market, but also…»

Here’s Why Sustainability Innovators are Planting Roots in Arizona

Arizona has increasingly become home to a cluster of industries that can only be described as world-changing. They are sectors that drive “sustainability,” and include electric and zero-emission vehicle manufacturing, next-generation battery technology, solar and…»

Arizona Market Slated for Ongoing Construction Challenges in Materials, Labor

In Arizona, projects across all sectors have felt the impacts of increasing construction costs as a result of supply chain disruption, the Covid-19 pandemic and demand for materials and labor, which have…»

What’s the State of the Capital Markets for Cannabis Real Estate?

The past few years boosted the U.S. cannabis industry in several ways, increasing production and sales and enticing more states to legalize or at least begin the process of legalizing cannabis for medicinal and/or…»