Commercial Real Estate & Business News October 29, 2019

Single-Family Rentals Compete with Traditional Apartments in Phoenix’s West Valley Submarket Multifamily developers continue to build at a vigorous pace in the Phoenix metropolitan area, but a unique segment of the market, single-family rentals, is gaining traction in the suburbs like the West Valley submarket. Of the 1,660 units currently underway in the submarket, about 42% is attributed to single-family rentals.Christopher Todd Communities is…»
2 Arizona Cities Make 2019 Best Places To Live list
Meredith Corporation’s announced its annual Best Places to Live list with Clarksville, Tennessee, ranked No. 1, followed by Round Rock, Texas, and Fishers, Indiana, respectively. The list, first published more than 30 years ago, takes into account each city’s economic health, cost of living, diversity, public education, income, …»
Third Quarter Sales Volume Declines, as Investors Grapple with High Pricing
Evidence continues to mount that real estate investors are becoming more cautious as investment sales volume in the third quarter fell 6.0 percent compared to the year prior, to $151 billion, according to research firm Real Capital Analytics (RCA). However in two of the sectors RCA tracks-industrial and hotel-sales volumes rose by…»
Schack Institute’s Sam Chandan Talks About His Outlook for CRE Industry’s Future
The NYU School of Professional Studies Schack Institute of Real Estate is recognized globally as one of the world’s leading centers of real estate and urban research and industry engagement. In August, the institute also announced its plan to open the NYU Institute for Cities and Real Estate in Emerging Markets in Shanghai. The new academic institute will…»
1.35-Million-Square-Foot Union Breaks Ground in Mesa
Lincoln Property Company (LPC), Harvard Investments, dignitaries from the City of Mesa and business and community leaders joined today to celebrate the groundbreaking of the first office building at Union, a new project that – at build out – will total 1.35 million square feet in four Class A office buildings at the confluence of Mesa, Tempe and Scottsdale,…»