Daily News 7-31-2026

Scottsdale-based Lyfe Companies is developing the first phase of a retail and dining hub within the Vistancia master-planned community in north Peoria. The firm is behind projects at other notable Valley neighborhood retail centers including Uptown Plaza in Phoenix and Epicenter in Gilbert, and has worked on restaurants like Buck & Rider, The Mission and Huss Brewing. Plans for Five North at Vistancia — the 320-acre commercial core of the over 7,000-acre master-planned…»

Fewer apartments are sitting empty, rent prices are climbing, and yet the deals keep coming. According to the Zillow® June Rental Report, the typical U.S. asking rent rose to $1,965, up 2.2% compared to a year ago, and nearly 2 in 5 rental listings came with a concession attached. For property managers, that means pricing power isn’t back yet. A concession is a move-in discount, commonly a free month’s rent, waived fees or free parking. For renters who land a freebie, the real cost of…»

The Fed’s decision to leave rates unchanged on Wednesday has deepened a credibility problem that markets are now pricing in—and that commercial real estate can’t ignore. Kevin Warsh emerged from his second meeting as Fed chair insisting “this Fed will not waver” in the fight against inflation, even as the Federal Open Market Committee kept the benchmark rate in the 3.50% to 3.75% range for the fifth straight time. Investors had assigned roughly a one‑in‑three chance to a…»

Charles Schwab & Co., Inc. is investing millions into an extensive renovation of a nearly 84,000-square-foot office space in north Scottsdale where the firm is planning a major Arizona expansion. The financial services giant filed a permit for $11.7 million in tenant improvements at the Two Scottsdale Landing office complex at 8701 E. Hartford Drive off Pima and Bell roads, according to city of Scottsdale records. “As part of our continued growth, Schwab is expanding the teams that support our…»

Cementing its growing reputation as a tourist destination, the Phoenix metro will have more hotels open this year than any other major city in the United States. The Valley is expected to have 26 hotel projects open before the end of the year, according to a report from New Hampshire-based hospitality industry research group Lodging Econometrics (LE). That accounts for 3,615 new hotel rooms being added to the regional market, per Lodging Econometrics’ Q2 2026 United States…»