Commercial Real Estate & Business News – May 27, 2020
Borrowers Pony Up More Cash Reserves to Move Loans ForwardMany lenders that hit the pause button on new originations at the start of the pandemic are stepping back into action, albeit with a more conservative playbook than they had at the start of the year. One big difference: lenders have new requirements…» Grocery Stores that […]
Commercial Real Estate & Business News – May 26, 2020
ULI forecast: Pandemic-induced Recession Will be Short, but Many Unknowns RemainThe Urban Land Institute’s latest Real Estate Economic Forecast shows that, while the COVID-19 crisis has sent shockwaves throughout the world, U.S. real estate economists are predicting some light at the end of the tunnel, with a short-lived recession…» National Multifamily Report – April 2020National […]
Commercial Real Estate & Business News – May 22, 2020
Hello From Arizona: Where Venture Dollars Are On The RiseReporting on startups opening offices in Phoenix without crunching data on homegrown companies raising capital doesn’t do Arizona justice. While this is often the talking point-how Arizona’s tech and startup scene serves as a less expensive option for companies based elsewhere to open…» Massive Mixed-use Redevelopment […]
Commercial Real Estate & Business News – May 21, 2020
Buoyed by Triple Digit Growth and Revamped Properties, Target Says It’s Ready to ‘Play Offense’Target, with the help of its vast real estate empire, edged out rival Walmart in sales growth and had an easier time than Amazon in filling online orders in the first quarter, positioning the retail chain to gain more ground in […]
Commercial Real Estate & Business News – May 20, 2020
Arizona Sees Gains in Real Personal Income, New Data ShowsDespite often being near the top in the U.S. for personal income growth, Arizona’s real income growth, which is adjusted for regional price parity and national consumption expenditures price index, landed the state near the middle for growth during 2018, according to Bureau of Economic…» Benchmark […]
Commercial Real Estate & Business News – May 19, 2020
Here Are The Projects Driving the Boom in Downtown Phoenix DevelopmentWhen Hines began looking into developing its first multifamily project in Arizona, there were several attractive markets to choose from. Luxury apartment projects like the one Hines wanted to deliver to the Valley were hot commodities across the Valley, from Tempe…» Behind the Deal: How […]