Commercial Real Estate & Business News – May 7, 2021
Phoenix Tops US in Net Migration For Third Straight Year Phoenix has maintained its ranking as the top metropolitan area in the nation for net migration for a third consecutive year, according to the latest data from the U.S. Census Bureau. Multifamily landlords and homeowners welcomed the nearly 89,000 people who moved…» Top 10 States […]
Commercial Real Estate & Business News – May 6, 2021
Foreign CRE Investors Plan to Increase US Allocations AFIRE, the Association of Foreign Investors in Real Estate, just released its 2021 survey. The results show that 60% of responding investors expect to increase their investment volume this year. The online survey was of 101 respondents from 19 different countries over…» Kush: Soaring Lumber Prices Impacting Scottsdale […]
Commercial Real Estate & Business News – May 5, 2021
Here are the Commercial Real Estate Trends that Favor Arizona More than a year into the pandemic, with vaccines rolling out and the U.S. economy aided by the injection of $1.9 trillion, outlooks show signs of overall stabilization, albeit at a slow pace. Nuveen Real Estate, a TIAA company, has released its second issue of […]
Commercial Real Estate & Business News – May 4, 2021
5 Biggest Real Estate Deals in April The Metro Phoenix commercial real estate sector continues to stay red hot, as evidenced by the biggest commercial real estate deals in April, according to the commercial real estate tracking website Vizzda. In terms of the overall Metro Phoenix market,…» Covid-19 is Affecting CRE Lease Negotiations. Here’s what […]
Commercial Real Estate & Business News – May 3, 2021
Rumblings of Recovery Emerging in Camden’s Sun Belt Apartment Markets Rumblings of a recovery from the pandemic are emerging in the apartment market, giving one national apartment real estate investment trust enough confidence to improve its financial forecast for the year. While certain apartment markets are still…» Skyrocketing Lumber Prices Add Nearly $36,000 to the […]
Commercial Real Estate & Business News – April 30, 2021
Peoria Could Land Full-service Hotel and More with $510 Million Development that Came with a Steep Subsidy Peoria offered up a steep subsidy to move forward with a $510 million project to pad out the P83 entertainment district with apartments or condominiums, a full-service hotel and office space. More than a year after city leaders […]