Daily News: February 7, 2020

Multifamily Investors Are on the Hunt in 2020 Buyers will be out in force in 2020. That was the emphatic message delivered by attendees who took our annual survey at the GlobeSt. Apartments Conference in Los Angeles late last year. In 2018, just 19% of the respondents to the annual Capital One survey said they anticipated…»

Industry Leaders Expect Strong Apartment Demand Through 2020
While apartment vacancies are low and production has returned to pre-recession levels, more new homes will be needed to meet demand in 2020 and beyond, according to industry experts during a press conference at the National Association of Home Builders’ International Builders’ Show…»

White Claw Beverage Maker Pays Millions to Acquire Glendale Land for New Plant
Mark Anthony Brewing, which makes and distributes White Claw, Mike’s Hard Lemonade and other beverages in the U.S., has acquired 96 acres of land for its Glendale facility for $12.8 million, according to real estate database Vizzda. The city of Glendale announced in January the Chicago-based…»

WeWork Opens its Fourth Phoenix-area Coworking Location, First in East Valley
Global coworking giant WeWork opened its fourth Valley location Monday, occupying two floors of the Watermark in Tempe. The Watermark is the final location WeWork planned for the Valley, but company representatives said the region remains a strong market for WeWork. The Watermark…»

Downtown Mesa’s Revolution in Full Throttle
One year after The Grove on Main began in fall 2018, as a giant hole hidden behind a fence, the retail-residential complex looms over the eastern edge of downtown Mesa. Together with a complete renovation of the interior and grounds of the Mesa Arizona Temple, a $75 million “urban neighborhood”…»