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Commercial Real Estate & Business News – May 5, 2021

More than a year into the pandemic, with vaccines rolling out and the U.S. economy aided by the injection of $1.9 trillion, outlooks show signs of overall stabilization, albeit at a slow pace. Nuveen Real Estate, a TIAA company, has released its second issue of RealAccess, a study on…»
As COVID-19 has reset the economic cycle, the 2021 Investors Intentions Survey from CBRE finds that investors are seeking higher returns. While most core or core-plus investors expect their unlevered target returns to fall slightly or stay the same, those further out on the yield…»
Following one of the most disruptive periods of our times, at the start of 2021, the hottest U.S. rental markets and most in demand locations for renters were certainly not the ones you would expect. When trying to assess the competitiveness of our country’s 125 largest rental…»
Phoenix is among the top U.S. cities for the construction industry, with the intense demand for new houses continuing to push the need for construction jobs, according to a study from Industrial Paint and Protection Magazine. Phoenix ranked as the fifth-best market for…»
The booming market for Scottsdale homes and apartments is compounding an existing housing affordability crisis in the city. Over the past two years, the median sales price for a Scottsdale home jumped 27 percent to $745,000. Even historically-affordable 85257 in southern…»