Daily News: February 12, 2020

Investors Still Willing to Pay Top Dollar for Multifamily Multifamily acquisition yields and price per unit have hovered at record lows for several years despite Treasury yields moving up and down by more than 150 basis points during that time. What does that mean for pricing? Yardi Matrix spells it out in its newest report on the asset class: it means investors are willing…»

RED Achieves 100% Occupancy at The Shops at Hilton Village
RED Development announced today that The Shops at Hilton Village is now 100 percent occupied with the addition of the Scottsdale center’s newest tenant Row House. Located on the north side of the center near Slanted Rice Vietnamese…»

No Recession for Logistics Real Estate in 2020
Industrial and logistics real estate growth will remain strong throughout this year, although it probably will not progress at quite the same torrid pace it has enjoyed in recent years, according to recent predictions by industry…»

Ottawa University Dedicates $57M in New Construction
Ottawa University-Arizona (OUAZ) will hold a two-part ribbon-cutting ceremony on Friday, Feb. 21, to celebrate the completion of $57 million in new facilities on its Surprise campus. “These new buildings not only accommodate our growing student body, but they also illustrate…»

Arizona Economy Set for ‘great year’ After US Jobs Report, Expert Says
The rosy U.S. jobs report released Friday bodes well for an Arizona economy that’s set up for “a great year,” according to a prominent state business leader. U.S. employers added a robust 225,000 jobs in January, a signal that businesses remain confident in the nation’s…»