Daily News from the desk of Nicholas L Miner, CCIM – June 9, 2009

Here are the news stories you might find interesting today:

The Summit luxury condos saddled by debt

Land preservation urged for Peoria

Builders urged to pay attention to Boomers

2 Valley credit unions with Latino ties merge

Shopping center ebbs and flows in downturn

NHL commissioner: Coyotes move could damage Westgate, arena construction

National Hockey League Commissioner Gary Bettman said a Phoenix Coyotes move from Glendale could hurt Westgate City Center, located adjacent to Arena where the team plays.

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Credit card delinquencies rise

Credit card delinquency rates shot higher in the first quarter, according to credit reporting agency TransUnion.

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Off Madison Avenue lays off four, adds accounts

Off Madison Avenue laid off four employees after losing a major account in the gaming industry, co-founder and President David Anderson confirmed Friday.

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Opus West: We’re Not Dead Yet

PHOENIX-Rumors about the developer’s pending Chapter 11 are just that right now, though a spokeswoman acknowledges restructuring is occurring.

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NPR Group pays $1.4M for affordable housing site

The NPR Group LLC paid $1.38 million for 5.3 acres at the northwest corner of 21st Street and Broadway Road in Phoenix, where it plans to develop an affordable housing project.

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