Commercial Real Estate & Business News – August 24, 2022
Laveen Village in Phoenix Could See More Housing, Commercial Development The city of Phoenix is looking to spur development across approximately 270 acres of existing agricultural land along the Loop 202 in Laveen Village.Dubbed Gila Foothills, documents submitted to the city show that a developer is proposing to create a mix of…» NAHB: Multifamily Confidence […]
Commercial Real Estate & Business News – August 23, 2022
Scottsdale Company Eyes 80-Acre Mixed-Use Project Near Talking Stick CaliberCos. Inc. is looking to bring new commercial development along the Loop 101 near Scottsdale and the Salt River Pima-Maricopa Indian Community. The Scottsdale developer is nearing closing on a land lease that would allow it to be the master developer of…» Apartment Construction Reaches a […]
Commercial Real Estate & Business News – August 22, 2022
Q2 Commercial and Multifamily Originations Up Year Over Year Commercial and multifamily borrowing saw a 19% increase in the second quarter compared with a year ago and a quarter-over-quarter increase of 15%, according to the Mortgage Bankers Association (MBA). For multifamily properties specifically…» Canadian Company Xnrgy Chooses Mesa for $145M Headquarters and High-Tech Plant […]
Commercial Real Estate & Business News – August 19, 2022
Phoenix Will Drive Industrial Growth Even as US Development Slows Down, Experts Say Growth of the Phoenix industrial market will continue to surge despite inflation and an expected national slowdown in consumer demand, experts say. The Phoenix metro is currently one of only five markets across the country that has more than…» California Pension Fund […]
Commercial Real Estate & Business News – August 18, 2022
CRE Capital Markets: What to Expect by Q4 Investment activity held up nicely in the first six months of the year. Volume rose by 10 percent year-over-year in the second quarter to $167 billion, according to CBRE’s latest capital markets report. Monetary policies are expected to be the…»» Could There Be a CRE Upside to […]
Commercial Real Estate & Business News – August 17, 2022
CRE Execs Proceed with Caution as Inflation, Market Uncertainty Persists Senior commercial real estate executives are concerned about office and retail fundamentals as market uncertainty continues to curtail investors’ appetites for risk. The Q3 2022 Real Estate Roundtable Sentiment Index registered an…» Planned Surf and Water Park With Hotel, Retail Gains Momentum in Arizona City […]