Commercial Real Estate & Business News – May 20, 2021
Here’s Where Phoenix Ranks Among Best Places to Invest in Real Estate As we move deeper into 2021, the U.S. commercial real estate (CRE) market is poised to move beyond its trough of 2020 and enter a new cycle of growth. Thanks to a reported 3.8% increase in GDP and the mass distribution of COVID-19 […]
Commercial Real Estate & Business News – May 19, 2021
Investor Activity Will Further Compress Cap Rates This Quarter Cap rates for highly desirable assets have compressed as the COVID-19 pandemic winds to a close, as limited supply and investor optimism drives up prices in certain regions of the US. Despite contracting yields, the margins for well-positioned assets remain wide when compared…» Walmart Blows Past […]
Commercial Real Estate & Business News – May 18, 2021
Hiring frenzy: Thousands of jobs are open in the Valley; governor hopes bonus plan will spur applications With Arizona companies grappling with thousands of open jobs that they can’t fill, Gov. Doug Ducey announced this week that the state will offer a $2,000 bonus to get residents back to work. As part of the new […]
Commercial Real Estate & Business News – May 17, 2021
First-Quarter Loans Dip, but Industry Sees Improved Outlook Commercial and multifamily mortgage loan originations decreased 14% in the first quarter compared to the same time last year, according to the Mortgage Bankers Association. Not surprisingly, the dip reflects a hangover from the pandemic that disrupted markets most of last year, with struggling hospitality and retail…» […]
Commercial Real Estate & Business News – May 14, 2021
Here’s How the CEO of an Office Design Firm for Google and Apple Sees Workplaces Changing The pandemic has transformed how people interact with physical space, so it will probably take more than plexiglass and temperature readers to redefine workplace design. That’s because the days of all employees being in the office from 9 a.m. […]
Commercial Real Estate & Business News – May 13, 2021
Profits and the Pandemic: For Most of Arizona’s Largest Companies, 2020 was Better than 2019 Businesses across the nation generally had a tough time grappling with the COVID-19 pandemic and economic-lockdown measures that went with it. But Arizona’s larger public corporations, for the most part, had a solid year. These companies earned…» Phoenix is No. […]