Commercial Real Estate & Business News – October 21, 2021
Single-Family Rents are Surging, and Investors are Flooding the Market Demand for single-family rental homes is showing no sign of easing up, and that is pushing rents through the roof, especially for the highest-priced properties.As a result, investors are now flooding into the market again, after falling back…» LA Dodgers, White Sox Joint Venture Seeks […]
Commercial Real Estate & Business News – October 20, 2021
JPMorgan Chase To Return to Higher Commercial Property Lending After slowing its commercial real estate loan growth during the COVID-19 outbreak, JPMorgan Chase is ready to scale back up.The nation’s largest bank holding company, with $3.2 trillion in assets, is seeing commercial real estate loan growth…» Howard Hughes Corp. Pays $600M for Douglas Ranch in […]
Commercial Real Estate & Business News – October 19, 2021
Why Phoenix is Expected to be a Top Real Estate Market to Watch in 2022 Phoenix was named among the top metros for real estate prospects in 2022, according to the 2022 Emerging Trends in Real Estate report, done by the Urban Land Institute and PwC US. Phoenix ranked third in the nation, behind Nashville […]
Commercial Real Estate & Business News – October 18, 2021
SN Report: Retailers Optimistic About Center Store Sales in 2021 Although consumers are no longer engaging in the bulk shopping of the early pandemic, when center store products like household goods, paper products and shelf-stable grocery items were in high demand, current shopping behaviors still reflect the surge in home cooking and eating that originated […]
Commercial Real Estate & Business News – October 15, 2021
Yardi: Asking Rents Rise 11.4% YOY, Monthly Growth Moderates Slightly at $16 Asking rents rose by 11.4% year over year at the national level in September, while the national average rent rose to an all-time high of $1,558, up $16 from August and 11.1% this year to date through three quarters. While this…» Industrial Hits […]
Commercial Real Estate & Business News – October 14, 2021
Kush: I Can’t Support Scottsdale’s General Plan Update During my many years of service on the Scottsdale Planning Commission, there were several meetings where city staff updated us on the progress of the revised general plan and asked us for our comments.City planning staff put in untold hours of…» Industrial Growth: Too much, Too Little […]