Commercial Real Estate & Business News – September 26, 2022

Investors flocked to the single-tenant net lease space en masse in the third quarter, with the sector registering record deal flow despite mounting economic headwinds.Sales activity for net-leased retail rose between 24% to 27% across…»

Multifamily owners have carefully been watching rent growth numbers for three main reasons. One is getting a sense of profits and return. Next, monitoring financing, because if a deal was recent and based on cheap money and high leverage, chances are…»

One cannot pick up a newspaper without seeing an article covering the severe housing shortage that currently plagues the nation. Arizona is not immune, having recently been identified as placing seventh nationally in a study related to a lack of housing…»

Lennar Corp., one of the nation’s largest homebuilders, has lowered home prices and boosted incentives in most of its markets nationwide — including the Phoenix metro — in response to higher interest rates. With the Federal Reserve…»

A 247-unit senior living facility with 9,900 square feet of commercial space on 3.59 acres near the intersection of Scottsdale and Osborne roads will become a reality. The Scottsdale City Council on Sept. 13 voted 7-0 to approve the…»