Commercial Real Estate & Business News – September 29, 2021
Industrial Demand Will Continue To Boom Through 2026 Over the last few years, bolstered by an unprecedented boom in e-commerce and retail sales, the industrial sector has posted historically high demand and supply growth. And that’s led some analysts to question how long the ride can last for the sector that’s relatively unaccustomed to such […]
Commercial Real Estate & Business News – September 28, 2021
10 States Sending the Most New Residents to Arizona The COVID-19 pandemic has made migration a hot topic for all states. Which states will benefit the most from increased remote work? We will not have hard data to answer that question for a while, but now is a good time to revisit a key migration […]
Commercial Real Estate & Business News – September 27, 2021
Here’s how Arizona’s Recovery From Pandemic is Gaining Momentum Arizona’s economic recovery from the pandemic gained significant momentum in the second quarter. Job gains surged, housing permit activity remained very strong, and taxable sales remained on track for significant gains. The housing market grew even hotter in the second quarter, with low inventories, high construction […]
Commercial Real Estate & Business News – September 24, 2021
What the Fed’s Monetary Plans Mean for CRE The Federal Reserve is saying that it will start to taper off its purchases of $120 billion of bonds per month. Also, Fed officials were split 50-50 on an interest rate hike in 2022 according to Oxford Economics, calling the meeting “slightly more hawkish.”But what does that […]
Commercial Real Estate & Business News – September 23, 2021
US Single-Family Rent Growth Hits 16.5-Year High Single-family rentals continue to be one of the highest performing housing sectors for rent growth, according to the CoreLogic Single-Family Rent Index (SFRI). Single-family year-over-year rent growth reached a 16.5-year high in July 2021 as the increase in US single-family rents were up 8.5%, or nearly five times […]
Commercial Real Estate & Business News – September 22, 2021
Bell Bank Secures Naming Rights to 320-Acre Sports Complex in Southeast Mesa After breaking ground September 2020, Legacy Sports USA and Oak View Group are moving closer to opening its more than $280 million multipurpose sports and entertainment complex in southeast Mesa.The two companies announced on Tuesday a 10-year naming rights deal with Bell Bank, […]