Commercial Real Estate & Business News – December 4, 2020
Maxwell on 66th Sells for $122.5M in Biggest Multifamily Deal of 2020Just a day after news of the $187 million sale of the Grand2 office building in Tempe, another nine-figure transaction hit the books. According to the commercial real estate transaction tracking website Vizzda.com, the Maxwell on 66th apartment complex…» These 4 Healthcare Projects Transform […]
Commercial Real Estate & Business News – December 3, 2020
Arizona Treasury Department Optimistic Into 2021Despite the pandemic’s devastation to state and local businesses this year, Arizona’s economic outlook in 2021 is fairly strong — at least, according to the office that manages the state budget. “Housing market continues to have impressive gains, up 11%, year…» Arizona Economy Could Withstand Brief Shutdown, Economist SaysPHOENIX – […]
Commercial Real Estate & Business News – December 2, 2020
ASU Forecast: Arizona, U.S. Could be Back Near Economic Normal in 2021As Arizona State University forecasters see it, 2021 will mark a return to near normalcy for the state and national economies — assuming a vaccine next year stems the COVID-19 outbreak and Congress adopts a stimulus package to keep the rebound on track…» COVID-19 […]
Commercial Real Estate & Business News – December 1, 2020
Deals for 2 Game-changing Projects Could Redefine Both Sides of ValleyJust a week apart in late September, a pair of groundbreaking sports, recreation and entertainment projects were announced on opposite sides of the Valley. In the West Valley, Glendale was chosen as the site for a one-of-a-kind attraction, as Crystal Lagoons released its plans for […]
Commercial Real Estate & Business News – November 30, 2020
NRF: Holiday Sales to Rise 3.6% to 5.2% in ‘Strong Finish’ to 2020The National Retail Federation issued an upbeat holiday forecast despite the ongoing COVID-19 pandemic, citing a strong stock market, rising home values and record personal saving rates. Sales during November and December will increase between 3.6% and 5.2% over 2019 to $755.3 billion…» Multifamily […]
Commercial Real Estate & Business News – November 25, 2020
I hope you have a Happy Thanksgiving! ‘Sigh of Relief’ for Markets on Janet Yellen News: Wall Street ReactsNews that Joe Biden will nominate Janet Yellen to be Treasury Secretary landed gently on Wall Street. What’s moving markets Traders intensely familiar with the former Federal Reserve chair cheered the pick in anticipation of her working […]