Commercial Real Estate & Business News – September 19, 2022

Phoenix’s Successful Retail Sector Stretches from Power Corridors to Main Streets

For decades, Arizona’s housing and commercial real estate industry have benefitted and fed the state’s robust gains as population grew. Even during the pandemic, Phoenix welcomed more than 140,000 new residents fleeing more expensive, crowded…»

Foreign Investors Bulk Up on US Properties as Inflation Rises


Even as inflation has pushed prices and borrowing costs higher, foreign investors haven’t been shying away from U.S. real estate investments in 2022, at least so far. The latest sign of increased interest comes from Korea, with the Korean Teachers’ Credit Union, a retirement fund for…»

The Ramifications of STORE Capital’s ‘Monster’ Deal

In a move that woke up the often “staid” net lease real estate sector, REIT STORE Capital Corp. is being acquired by a partnership between global institutional investor GIC and Oak Street, a division of net lease investor Blue Owl, in an all-cash deal worth…»

Net Lease May Wobble But It Always Remains Steady

Capital has flooded the market over the course of the pandemic, with investors feverishly chasing net lease deals across all asset classes. And while the appetite for those transactions doesn’t appear to be waning anytime soon, investors appear to be…»

International Real Estate Investment Firm Acquires Multifamily Property, Plans Major Renovations

Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of the Colter Park Apartments, a 384-unit multifamily property located in Phoenix, Ariz., for $80.75 million…»