Commercial Real Estate & Business News – October 20, 2021

After slowing its commercial real estate loan growth during the COVID-19 outbreak, JPMorgan Chase is ready to scale back up.The nation’s largest bank holding company, with $3.2 trillion in assets, is seeing commercial real estate loan growth…»
The Howard Hughes Corp. (NYSE: HHC) has plopped down $600 million for the proposed 37,000-acre Douglas Ranch master-planned community in Buckeye.The proposed development — 35 miles from downtown Phoenix on the west side of the…»
The Greater Phoenix industrial real estate market set several records during third quarter, according to a report released by Colliers in Arizona. The city’s booming industrial sector posted its highest net absorption, lowest vacancy and…»
The multifamily market has rebounded as swiftly has is stalled last year, but for industry experts the market enthusiasm is no surprise. Multifamily benefits from a renting culture that has driven apartment investment for the last decade—but…»
Vermaland, a leading Phoenix-based land banking and development company, is developing Verma Vistas III, an 1100-acre master plan community located in Tonopah, Ariz. Properties of this size are very difficult to come by, so this makes the…»