Daily News: 6-19-26

CRE lending hits new high as lenders compete for refinancing deals

Commercial mortgage lenders are locked in their fiercest competition on record, a development that is reshaping the financing environment for US property owners and creating new opportunities for mortgage brokers working in the commercial space. Global credit competition soared to an all-time high in April 2026, fuelled by a massive wave of refinancing and large loan placements, according to JLL’s newly launched Global Credit Intensity Index. The index draws on JLL’s proprietary dataset of nearly $9 trillion in investment sales bids and…»

Report: Arizona job growth turns positive again

Arizona experienced positive year-over-year job growth for the first time in eight months, according to a new report. The Common Sense Institute Arizona released a report showing that Arizona gained 13,300 jobs year over year in April. This marked the first time since August 2025 that Arizona saw positive year-over-year job growth. Arizona grew by 0.41%, ranking 12th in America, the report said, adding that the state’s job growth outpaced the national average of 0.16%. The April job numbers are more positive than the March…»

Flagstaff emerges as one of nation’s fastest-growing renter markets

A new MoveBuddha report, “Renter Nation: America’s Fastest-Growing Rental Markets,” analyzes renter-occupied housing growth across 889 U.S. metro and micro areas from 2019–2024 to identify where rental demand is accelerating fastest in America. Arizona emerged as one of the country’s standout rental growth stories, with Flagstaff ranking among the fastest-growing renter markets nationwide. Key Arizona findings: Flagstaff, AZ ranked #13 nationally for renter growth…»

Hotel Investors Target Luxury, Upscale Leisure Properties

Hotel investors are concentrating capital in luxury and upscale leisure properties while new development remains difficult as financing costs remain elevated and underwriting standards tighten, Walker & Dunlop says in its inaugural Hospitality Outlook, “Capital, Divergence, and the Search for Durable Returns.” The outlook finds a widening divide across the lodging sector with performance increasingly determined by asset quality, location and traveler demographics rather than broader market trends…»

Phoenix ranks No. 1 in the nation for weekend trips in 2026

Phoenix gets top marks nationwide for its micro-vacation amenities ranging from affordable lodging to pleasant weather. There were 49,050 Google searches (based on the average number of searches per month) for “Phoenix weekend trip,” highlighting the city’s appeal as a hot spot for a quick weekend getaway for workers due to factors such as hotel cost, number of attractions, weather reliability, local accessibility and ‘weekend trip’ search volume. That helped Phoenix rank No. 1 in a survey by Blink…»