Commercial Real Estate & Business News 6-20-2025
This AZ mall just got named 1 of the best in the US. Here’s why shoppers love it USA TODAY readers across the country have voted on the best malls in the United States and a longtime Arizona favorite made the list. Scottsdale Fashion Square is ranked No. 6 in the 2025 USA TODAY 10 […]
Commercial Real Estate & Business News 6-19-2025
Atavia in North Scottsdale’s ‘new luxury corridor’ earns approval Belgravia Group, Chicago’s award-winning real estate developer with more than 75 years of luxury developments constructed under its brand, announced that it has received public report approval for Atavia, the 88-unit luxury condominium development located in North Scottsdale’s “new luxury corridor” at Loop 101 and Scottsdale […]
Commercial Real Estate & Business News 6-17-2025
High-rise apartment boom reshapes Phoenix’s urban core The downtown Phoenix skyline is quickly changing as several new high-rise apartment buildings have sprung up in recent years, with a handful of others planned or already underway. Some 1,581 new residential units opened downtown from 2023 to 2024, while 2,940 units were under construction and 3,309 units […]
Commercial Real Estate & Business News 6-16-2025
The economic engines driving Phoenix’s maturing economy When Mat Sherman, an Arizona State University graduate, was launching his first company, PubLoft, about a decade ago, he quickly learned there wasn’t much of a network for venture capital in Phoenix. And that was a long-standing problem here. It mattered because such seed money is a measure […]
Commercial Real Estate & Business News 6-9-2025
Multifamily Rent Growth Sees Steady Gains in May Economic and financial market uncertainty hasn’t yet had a significant impact on multifamily fundamentals, which remained healthy in May. The average U.S. asking rent increased $6 to $1,761 last month, according to the latest Yardi Matrix National Multifamily Report. Year-over-year asking rent growth, which barely has moved […]
Commercial Real Estate & Business News 6-6-2025
Navigating U.S. Policy Shifts in CRE Is a New Experience and Challenge The combination of speed, breadth, and uncertainty in following the plans of the Trump administration is “novel in almost every way,” Charlie Smith, managing director of Geopolitical Strategy Consulting at Newmark, tells GlobeSt.com. “And a lot of that speed is driving the uncertainty,” […]