Commercial Real Estate & Business News – November 18, 2020

Family Offices Weigh Options for Optimizing CRE Allocations
Family offices have long viewed commercial real estate as an attractive asset class. Some invest in real estate as part of a diversification strategy. Others focus on it as a core discipline. Regardless, of where it fits in their portfolios, these investors are actively assessing how COVID-19 is transforming the real estate…»
CRE Lending Markets Are Starting to Move Again
The lending market may be starting to thaw. The number of loan applications has risen over recent weeks, which is a hopeful sign closings could increase toward the end of the year, according to the latest research from CBRE. Another sign that the market may be starting to move: alternative lenders, which…»
Covid Pushes Real Estate into the Future
The coronavirus could be the crisis that finally propels the tech-averse real estate industry into the 21st century. Location matters less now that the office is the kitchen. Size matters more now that everyone is at home. And the best way to justify exorbitant prices is no longer the building’s…»
Here’s how Scottsdale’s Cure Corridor has Become a Game-changer
Seven years ago, Scottsdale Mayor Jim Lane joined leaders from HonorHealth (formerly Scottsdale Healthcare), Mayo of Arizona (then Mayo Clinic of Scottsdale), the Translational Genomics Research Institute (TGen) and TD2 (Translational Drug Development) for an in-depth conversation focused on the…»
Office Sublease Availabilities Rising in Pricier Phoenix Locales, Creating Opportunities for Tenants
Office sublease availabilities are rising across the country, and Phoenix is no exception. Since the end of 2019, available sublease space in the market has climbed from 1.7 million square feet to a market high of nearly 3.3 million square feet. The rise in sublease availabilities has been…»