Commercial Real Estate & Business News – August 10, 2020
Arizona Landlords Struggling Through Eviction Moratorium Can Get as Much as $50,000. Here’s How.Arizona landlords struggling because tenants have stopped paying rent during the novel coronravirus pandemic can apply for as much as $50,000 in assistance from the state, the Arizona Department of Housing announced this week. In all, the state…» AZRE Forum: A Look […]
Commercial Real Estate & Business News – August 7, 2020
AZRE Forum: Retail, Multifamily, LandThe AZRE Forum is the annual mid-year market report and in-depth look at what factors are driving the Phoenix economy. The COVID-19 pandemic forced the Forum to go virtual this year, but it did nothing to dampen the lively discussions by three panels of commercial…» Mountainside Fitness CEO Expects to Reopen […]
Commercial Real Estate & Business News – August 6, 2020
Arizona Gyms Must Get Opportunity to Show They Can Safely Reopen, Judge Rules in Rebuke of DuceyArizona gyms must be given a chance to reopen within a week, a Maricopa County Superior Court judge ruled on Tuesday, marking the first time during the pandemic that Gov. Doug Ducey has faced a rebuke of his actions […]
Commercial Real Estate & Business News – August 5, 2020
Medical Office Market in Phoenix Thrives During PandemicAs cases of coronavirus and hospitalizations rose in Greater Phoenix following Memorial Day weekend, the area’s second quarter of real estate market activity was also surging. The medical office market posted its strongest quarter of net absorption in nearly two years and vacancy in this product…» Economist, GPEC […]
Commercial Real Estate & Business News – August 4, 2020
Credit Unions are Making a Bigger Play for CRE LoansCredit unions that have been working to grow market share in the commercial real estate lending space in recent years are taking advantage of open runway as other capital sources have pulled back in recent months. In fact, these institutions are willing to offer competitive terms […]
Commercial Real Estate & Business News – August 3, 2020
Pandemic Weakens Commercial Real Estate Prices in Second QuarterCommercial real estate prices weakened in the second quarter as the coronavirus pandemic, social distancing and temporary closings disrupted major property sectors, according to the latest monthly CoStar Commercial Repeat Sale Indices. The value-weighted…» Bright Health Plan Expands in Tempe, Brings 75 New JobsToday, Bright Health Plan […]