Daily News 9-29-2026

Increasing construction costs, economic uncertainty, and low rent growth continue to hamper multifamily developers and builders. However, they remain optimistic about overall construction conditions as they look ahead to next year, according to the National Multifamily Housing Council’s (NMHC’s) quarterly survey of leading construction and development firms conducted in September.“Low rent growth combined with an uptick in interest rates and rising costs for labor and materials…»

The single-tenant retail sector posted $2.7 billion in first-quarter sales volume, down 33.9 percent from the prior quarter and 22.4 percent compared to the same period last year. Cap rates recorded slight downward pressure, declining 5 basis points during the quarter to 6.84 percent, and were also down 5 basis points year over year. The Southeast region led transaction activity, recording $673.3 million in volume and accounting for 25.1 percent of the total. The West followed with…»

The Buckeye Planning and Zoning Commission unanimously recommended approval of a master plan amendment and a rezoning request from Mattamy Homes that will enable development of a 2,771-acre community with up to 11,600 residential units and between 30 and 115 acres of non-residential uses as part of its Sept. 22 meeting.The requests sought to remove the 2,771 acres from the 3,931-acre Community Master Plan and to rezone the land as Planned Area..»

Banner Health opened a new Banner Urgent Care clinic in north Phoenix, adding essential, accessible health care services for the community. The new clinic, located just east of Interstate 17 at 2525 West Carefree Highway, offers convenient care for non-emergencies like common illnesses, minor injuries, and other health issues that call for fast attention. Medical staff at the clinic are fully equipped to treat colds, flu, minor cuts and burns, sprains, strains, and other ailments. Other services also…»

Northern Arizona — a region that prides itself on its abundant natural beauty — is moving away from being solely defined as a tourist destination thanks to the emergence of new industries and a concerted effort to nurture sectors that have already taken root there. Beyond the breathtaking views, an abundance of outdoor adventures and small-town charm, the region has all the components needed for economic expansion. Available land and proximity to key transportation…»