Commercial Real Estate & Business News – May 26, 2017
Phoenix Tops US in Population Growth Phoenix is tops in the U.S. for population growth, according to new data from the U.S. Census Bureau. Phoenix added 32,113 persons to its population between July 2015 and July 2016. That’s more than any other city in the U.S. Los Angeles added 27,173, San Antonio 24,473 and New […]
Commercial Real Estate & Business News – May 25, 2017
Deal for CrackerJax Land Brewing in Scottsdale A deal is brewing and could close soon on the much-watched CrackerJax land in Scottsdale. The land is currently home to the CrackerJax Family Fun and Sports Park on Scottsdale Road south of Bell Road…» Seven Takeaways from ICSC RECon 2017, Day Two While most of the buzz […]
Commercial Real Estate & Business News – May 24, 2017
Seven Takeaways from the ICSC RECon Show 2017, Day One The retail real estate industry is undergoing a permanent change, driven by a shift in consumer preferences and the excessive amount of retail space per person in the U.S., according to the attendees of ICSC’s RECon 2017 show in Las Vegas. …» Fitch: Multifamily Is […]
Commercial Real Estate & Business News – May 19, 2017
Resilient Big-Box Tenants Positioned to Backfill US Power Center Vacancies Don’t look now but ‘big box’ retail centers are defying expectations and managing to find replacements to fill their cavernous shopping spaces. Following consecutive rounds of bankruptcies and liquidations by such previous big box stalwarts as Borders, Circuit City and Linens N Things…» $30M, 280-acre […]
Commercial Real Estate & Business News – May 18, 2017
Slow and Steady Growth Wins the Race for Home Building-and the Economy The home-building recovery has been slow and steady-and nearly nine years after the housing crisis, housing construction isn’t yet fully healed. That’s probably a good thing. It means housing construction will continue to buoy economic growth for some time…» Blackjack, Poker, Las Vegas […]
Commercial Real Estate & Business News – May 17, 2017
CMBS Finds a Narrow Niche for Multifamily Loans Apartment borrowers still depend on CMBS financing for the deals that just can’t get done any other way. Other lenders have been chipping into the markets where CMBS lenders once provided financing, including agency lenders, banks and even private equity funds. The interest rates offered by CMBS […]