Commercial Real Estate & Business News – October 22, 2021

Sales of commercial real estate assets in the US hit record-breaking highs in the third quarter, thanks largely to activity in the apartment and industrial sectors.Real Capital Analytics’ latest US Capital Trends report shows that deal volume hit $450 billion in the first…»
National office transaction volume is on pace to eclipse the total from 2020, but fall short of pre-pandemic levels from the latter part of the last decade, according to CommercialEdge. The San Francisco Bay area, Boston, Seattle, Austin and Atlanta have impacted this year’s…»
The Gila River Indian Community broke ground on its fourth casino, a $150 million facility on 160 acres of tribal land south of Chandler, Arizona. The tribe’s hospitality arm, Gila River Hotels & Casinos, expects to finish the project, called Santan Mountain and slated to…»
The vast majority of businesses that temporarily closed during the COVID-19 pandemic have reopened, according to a new Yelp report. Eighty-five percent of the businesses that shuttered from March 2020 through the third quarter are up and running, Yelp said…»
Whether it’s for an economic opportunity or the need to find a better-suited home, moving is a common occurrence in America. And, while most people who move house tend to stay within the same general area, metro-to-metro migration trends produce noticeable…»