Commercial Real Estate & Business News – September 27, 2017

Federal Reserve Chair Janet Yellen conceded Tuesday that inflation may be weaker than Fed officials have anticipated, a development that could lead to a more gradual rise in interest rates. While several Fed policymakers have raised that possibility, Yellen’s remarks represent her most detailed and explicit acknowledgment that the Fed may have been too confident in its long-held view that inflation will soon pick up…»
Nothing good lasts forever. Apartment sector experts are scanning the horizon for problems that could hurt their properties, even though apartment rents are still rising and the percentage of vacant apartments is still relatively low. Here are a few of the top worries for today’s multifamily investors…»
The city of Mesa will make a concerted effort to transform the area surrounding Fiesta Mall from an aging retail district to an employment hub. In a unanimous vote, the City Council officially adopted the Southwest Redevelopment Area Plan at its Sept. 11 meeting. The adoption will allow the city to take advantage of a series of redevelopment incentives, including the Government Property Lease Excise Tax…»
Hacking and data breaches have been in the public mindset for a long time. But as more technology is integrated into our daily lives and the workplace, you and your firm have become even more susceptible to a hack – highlighting the importance of cybersecurity, an industry Arizona is on the frontline of shaping…»
A key U.S. home price index was up 5.9 percent in July compared to a year ago with some Western markets such as Seattle, Portland and Las Vegas posting even stronger prices again. Those gains are according to the latest S&P Corelogic Case-Shiller National Home Price Index. In Phoenix, the home price index is up 5.6 percent during the past 12 months. That is just below the national average, but…»