
Commercial Real Estate & Business News – August 30, 2023
311 Acres of Land in Gilbert Sells for $107.5 Million Indicap, Colmena Group and Langley Properties announced today the successful acquisition of the 311+ acres
311 Acres of Land in Gilbert Sells for $107.5 Million Indicap, Colmena Group and Langley Properties announced today the successful acquisition of the 311+ acres
Home Run for Arizona: Spring Training Pumps Over $710 Million into Economy Spring Training generated more than $418 million in new revenue for Arizona’s economy
CRE Sales Volumes Show Signs of Life in Q2 Signs are emerging that the market is bottoming, and sales volumes will increase moving forward. There
Apartment Rents are Falling at a Slower Pace in the Suburbs Apartment rents have fallen to minus 0.7%, based on Apartmentlist.com’s most recent estimates for
Joint Venture Proposes Apartment Units, Plus Retail and Restaurants in East Mesa More than 60 acres in east Mesa could be home to a new
A Painful Evaluation of the Current State of CRE The CRE industry has been dealt a big blow with eleven interest rate hikes since March
Improving Indicators Bode Well For CRE Later This Year Virtually every confidence indicator is on the rise and the threat of an imminent recession is
Searching in Seattle: Most New Residents to Phoenix Area Come from These 4 States People who get a lot of rain seem to appreciate a
CRE Lending Could Get Even Tighter If Fitch Downgrades Banks The U.S. commercial real estate industry’s ability to get credit and, therefore, fortunes have strong
Arizona Is Not Running Out of Water or Workers A recent article published in Foreign Policy arguing against corporate investment in Arizona completely misses the
Institutional Investors Are Primed to Buy Apartments in H2 Institutional investors have remained on the sidelines for most asset classes this year, including their erstwhile
America’s New Boom Towns: Can Phoenix Handle the Surge? Welcome to America’s new boom towns — cities across the U.S. and Texas that are estimated
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