Commercial Real Estate & Business News May 31, 2018

The International Monetary Fund (IMF) has been sounding warning bells about the high levels of global debt. But U.S. commercial real estate has been defying that trend, which could make the sector even more attractive as a “safe haven” for global capital.…»
When it comes to developing senior housing, Alana Mann, president of the Statesman Group of Cos., has focused on Canada, where the developer has 10 senior housing facilities. She’s been a bit more cautious when offering the product in Arizona, which abounds with senior housing facilities.…»
Rent growth is seriously slowing down in a handful of markets. While apartment rents are still growing nationally, in a few cities and submarkets rents are growing more slowly or even beginning to shrink. “The only spots where you might find effective rents dropping are in locations affected by a large…»
We are starting to see where German discount grocer Aldi will be opening up shop around the Valley. ABC 15 and the Arizona Republic have both published lists of where Aldi could be opening stores, based off permits and building plans filed with the individual cities.…»
National median home values are rising at their fastest pace in 12 years, according to the April Zillow® Real Estate Market Report. Over the past year, home values across the country rose 8.7 percent to a median value of $215,600.…»