Commercial Real Estate & Business News – May 30, 2022

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…»

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…»

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…»

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…»

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…»