Commercial Real Estate & Business News – September 4, 2013
Commercial Investments Rise 24% in First Half of 2013 As the traditional summer vacation season wrapped up, it became easier to focus on the economic performance over the first half of the year. However, the task became an exercise in reading fortune cookies given the many changes in the economy, the markets, and the legislative […]
Commercial Real Estate & Business News – September 3, 2013
ORION Sells Desert Harbor for $26.7 Million The ORION Multifamily Group of Orion Investment Real Estate is pleased to announce the closing of the 264-unit, “Class A” apartment project – Desert Harbor Apartment Homes – for $26,682,000 ($101,068 per unit). The buyer, an affiliate of Murray Hill Developments Ltd., is one of the most experienced […]
Commercial Real Estate & Business News – August 30, 2013
Return of the $100M Project They’re baaaccckkkk!!! Monster projects are rising from the landscape. It’s the return of the $100M project to the Arizona landscape. For half-a-decade, it’s been pretty quiet on the major construction front. After predictions that the market would look somewhat normal by 2014, the economists are looking pretty smart as the […]
Commercial Real Estate & Business News – August 29, 2013
USAA Sells its Share of ASU’s SkySong in Scottsdale San Antonio, Texas-based USAA Real Estate Co. has sold its interest in SkySong, the ASU Scottsdale Innovation Center to Tucson-based Holualoa Cos. in a transaction that closed Monday, according to a statement today from the new SkySong ownership… Read more Canadian Drops $26.682 Million for […]
Commercial Real Estate & Business News – August 28, 2013
Multifamily Demand Outpaces Supply As home prices and mortgage rates rise, it will become more difficult for potential homebuyers to purchase a home in light of today’s tighter lending standards. With homeownership no longer an option for many, demand for rental properties is on course to keep outpacing housing supply, investors in the space say. […]
Commercial Real Estate & Business News – August 26, 2013
Gilbert, Chandler Earn Spots on ‘Thriving Cities’ List Two East Valley municipalities each landed a spot on a list of 20 cities that continue to grow even in a slow economy. The list of Thriving Cities, compiled by the website the Daily Beast, rates the 100 largest municipalities on several economic factors encompassing population growth, […]
