Daily News – September 18, 2009

Multifamily sales creeping back as bargains abound

While much of the commercial real estate market, both locally and nationally, has been in lockdown since the global banking collapse, the apartment segment is gaining momentum this summer.

Arizona Corporation Commission examining the future of AZ utilities

As states and the federal government look to increase the amount of energy utilities must crank out renewable sources, some experts say there may come a time when more power is generated from rooftop solar systems than utility companies. – Real Estate Recovery Faces Relapse Risk
WASHINGTON – The Federal Reserve is stepping up its scrutiny of commercial real estate loans at smaller banks, where delinquency rates have risen sharply. Instead of reviewing individual banks, Fed examiners are comparing results across

Property-tax bills up despite drop in home values

Many Valley homeowners can expect to see at least a slight increase in their property taxes this month, despite the significant drop in their house’s value

IRS Rule to Aid Commercial Real Estate – WASHINGTON (Dow Jones)–Owners and developers of commercial real estate will now have more flexibility to rework their mortgages or obtain loan extensions under a new federal tax rule, a change that could aid the troubled sector.