Commercial Real Estate & Business News – December 4, 2013
Commercial Real Estate Lenders Reaching, or Exceeding, 2013 Expectations December is typically a time when real estate leaders, especially the bankers who provide financing for commercial real estate transactions, allocate many evenings to attend year-end holiday parties. One of the questions on the minds of many in attendance at these elaborate events this year will […]
Commercial Real Estate & Business News – December 3, 2013
The Beginning of the End for the Apartment Pricing Boom? The apartment boom is eventually coming to an end; it’s only a question of when. An increase in deliveries and a cooling off or stabilizing of purchases by REITs are a couple of the reasons why this property type will likely see a correction in […]
Commercial Real Estate & Business News – December 2, 2013
Revenue Skyrockets as Sales of State Land Strengthen Aided by the improving economy and land prices, the Arizona State Land Department has brought in more revenue recently, a trend that is likely to continue as the state auctions off more land, including prime property in Phoenix’s Desert Ridge area… Read more CalSTRS and First Industrial […]
Commercial Real Estate & Business News – November 27, 2013
I hope you have a Happy Thanksgiving! Arizona Much Closer to Becoming Digital Desert Moneycation takes a close look at whether Arizona finally is beginning to boom as a Silicon Valley. Find out what this management information and financial news website says about the future and potential of the state’s efforts to become a tech […]
Commercial Real Estate & Business News – November 26, 2013
Goldman Sachs Drops $64.95 Million For 720 Apartments In Three Valley Projects A company formed by Goldman Sachs Group Inc. paid $64.95 million (average of $90,208 per unit) to buy 720 apartment units in three Valley properties. The sellers in three separate transactions were companies formed by Camden Property Trust in Houston. Goldman Sachs now […]
Commercial Real Estate & Business News – November 25, 2013
Washington State Firm Spends $39.65 Million for Avondale Industrial Project A company formed by Lake Washington Partnerspaid $39.65 million ($65.66 per foot) to acquire a 603,863-square-foot distribution facility in Avondale that will be partly occupied by an affiliate of the buyer. The seller in the cash transaction was a venture formed by Trammell Crow Co. […]
