Commercial Real Estate & Business News – September 26, 2022

Investors Are Still Flocking To Single-Tenant Net Lease

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 Rent Growth Went Over the Top And Now Is Sliding Down


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…»

My View: NIMBYism Is No Way to Address Arizona’s Housing Crisis

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 Lowers Home Prices in Phoenix, Other US Markets As Rates Rise

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…»

Council OKs Senior Living Center Near Old Town

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…»