Multifamily, CRE Originations Poised to Climb in 2026
An increase in lending in commercial real estate (CRE) at the end of last year is pointing to an even stronger 2026. Commercial and multifamily lending is expected to increase to $805.5 billion this year, a 27% bump from last year’s estimated total of $633.7 billion, according to the Mortgage Bankers Association at its recent Commercial/Multifamily Finance Convention and Expo…»
What are those towers on Tempe Town Lake?
Location: East Rio Salado Parkway and Vista Del Lago Drive in north Tempe. Description: The first phase of a $1.8 billion mixed-use project and luxury apartment complex on Tempe Town Lake is nearing completion. Shorehaven, part of the South Pier at Tempe Town Lake project, sits on a 3.3-acre lot and will have 1.3 million square feet across three towers and includes residential, retail and recreational …»
10 Arizona companies shaping the state’s economy in 2026
Identifying the Top 10 Arizona companies shaping the state’s economy in 2026 highlights the engines driving job creation, innovation and long-term growth. From high-tech manufacturing and advanced research to financial services and strategic investment, these companies illustrate how Arizona’s evolving economic landscape is being shaped by bold investment, workforce expansion and forward-looking…»
Valley builders work through high inventory, which could benefit homebuyers
Now that the cooling market of 2025 is in homebuilders’ rearview mirror, 2026 kicked off with a flurry of lot and land sales. Builders bought 935 lots and 1,725 acres of vacant land totaling more than $200 million in January, according to RL Brown Housing Reports…»
Phoenix housing market slows in January as prices ease
Activity slowed in the Phoenix single-family residential housing market in January. Closed sales were up slightly, increasing 0.6% from January 2025. Pending sales dropped 31.3% from last year, and new listings were down 6.1%. “When you look at the long-term trending numbers, January is always a slow month for residential real estate,” said Sammy Glassman, board president of Phoenix REALTORS®…»