Commercial Real Estate & Business News – September 22, 2015
Construction Begins on 4th SkySong Office Building A new building is set to rise at SkySong, The ASU Scottsdale Innovation Center. It’s a necessity to keep up with market demand— the other three office buildings are now almost full with some of the Valley’s most exciting businesses. Construction on SkySong 4 began last week and […]
Commercial Real Estate & Business News – September 21, 2015
Arizona Named a Top Tax-Friendly State Arizona?s was named as the seventh best tax-friendly state in the U.S., which is good news for tax-cut advocates. Kiplinger, which developed the list, said differences from state-to-state can be dramatic. Kiplinger looks only at state taxes, and doesn?t count that in many states, high property taxes are used […]
Commercial Real Estate & Business News – September 18, 2015
EY: Interest Rates and Cap Rates Aren?t Always Correlated As the Federal Reserve readies an expected decision this week on whether to begin raising interest rates, common assumptions among some commercial real estate investors, developers and lenders are that CRE values will take a hit when interest rates are raised… Read more » Physicians Realty Trust Completes […]
Commercial Real Estate & Business News – September 17, 2015
Rate Increases Will Be ?Healthy? for CRE In the view of Ronald Dickerman, founder and president of Madison International Realty, starting the rate-increase process now will benefit the industry, long-term as well as near term. “This low interest rate environment has been unprecedented and has been one of the biggest subsidies the real estate industry […]
Commercial Real Estate & Business News – September 16, 2015
Arizona Taxable Sales See Strong Bump in July Arizona taxable retail sales moved up 3.9 percent in July 2015 over the same month last year. The increase showed a steady rise in year-over-year sales increases, even though July suffered summer doldrums and saw month-over-month sales numbers drop 2.5 percent from June this year… Read more » Equus […]
Commercial Real Estate & Business News – September 15, 2015
Solar Power Is Within Reach for Multifamily Owners, Developers Solar power is becoming a much better investment for owners and developers of apartment properties. The price to buy solar panels has dropped significantly, and today’s photovoltaic panels are much more efficient than just a few years ago. Prices are now so low that a set […]
