Here are the news stories you might find interesting today regarding commercial real estate and business:
To view the July/August 2010 Apartment Finance Today magazine, click here.
FirstBank sees growth at AZ branches FirstBank Holding Co., which operates eight locations in Arizona, posted positive financial results for the second quarter. View article…
New stores give boost to QC Marketplace Queen Creek Marketplace is seeing a burst of new store openings, ending a nearly yearlong dry spell. View article…
Four new businesses opening up in Tempe The old saying, “When one door closes, another opens,” could become a mantra for downtown Tempe. View article…
Occupancy, revenue up at Scottsdale hotels New figures from Smith Travel Research show Scottsdale hotels are busier this year than last year. View article…
Calif. investor wins right to sue Right Place Right Place Properties investor Richard Abel has won the right to sue the defunct apartment-conversion condo brokerage’s former principals in Abel’s home state of California. View article…
Sellers now have fewer options to attract buyers Government cash didn’t help John Foley and Cindy Case sell their house before the federal home buyer’s tax credit expired at the end of April, so the couple decided to take matters into their own hands. View article…
June new-home sales down in West, up elsewhere While sales of new homes rose 23.6 percent in June from the month before, the western states, which include Arizona, saw a 6.6 percent sales decline in June. View article…
Phoenix ranks No. 15 for exports Phoenix ranks No. 15 for exporting power among of the nation’s 100 biggest metropolitan areas in 2008, according to a report released Monday by the Brookings Institution. View article…
New poll: Consumer confidence dropping in Arizona Arizonans’ confidence that things will get better is slipping again, a result that by itself may keep the economy from improving. View article…
Slow Dealing Continues as Retail Investment Sales Volume Slides Investment sales of retail properties dropped slightly in the second quarter, according to New York City-based Real Capital Analytics’ (RCA) Retail Mid-Year Review. View article…
Signs of Life in Commercial Property Sales For several months now, the perception, at least, is that the frozen commercial property sales market is thawing. Now there is some basis for that notion grounded in reality. View article…
If you want a copy of the latest foreclosure spreadsheet, email me and I will send it to you.
Feel free to contact me regarding any of these stories, the current market, distressed commercial real estate opportunities or your property.