Commercial Real Estate & Business News – May 30, 2013
Commercial Real Estate Fundamentals Improving, Lending Tight for Small Business With vacancy rates modestly falling and rents moderately rising in commercial real estate sectors, market fundamentals have improved, but financing remains a challenge for small business, according to the National Association of Realtors quarterly commercial real estate forecast… Read more $48M Secured for Oro Valley […]
Commercial Real Estate & Business News – May 29, 2013
Phoenix Home Prices Jump 22.5 Percent Over Past Year Phoenix home prices surged 22.5 percent over the past 12 months – more than twice the national average, a report released Tuesday indicates. U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006… Read more The Monday […]
Commercial Real Estate & Business News – May 28, 2013
Metro Phoenix New-Home Permits up in April New-home permits climbed in metro Phoenix during April, but new-home sales fell, according to the latest RL Brown report. The decline in sales isn’t due to a drop in demand, though, according to housing analysts RL Brown and Greg Burger. They concluded fewer homes sold last month than […]
Commercial Real Estate & Business News – May 24, 2013
HAPPY MEMORIAL DAY WEEKEND! Greystar Acquires the Via Ventura Apartments in Scottsdale for $36.5m reystar continues to acquire and Equity Residential (EQR) continues to dispose of multi-family assets in Greater Phoenix, even after the former’s co-venture with Goldman Sachs closed its twenty seven-property portfolio sale and the latter completed its $11b acquisition of Archstone Enterprises. […]
Commercial Real Estate & Business News – May 23, 2013
Pathfinder Takes on Copper Creek Ownership San Diego-based Pathfinder Partners LLC acquired the 144-unit Copper Creek for its eighth buy in the metro area. The SoCal buyer paid Chicago-based Equity Residential Properties $16.1 million for ownership rights of the 1980s-built multifamily property… Read more 5.3 Acre “Argo at Town Lake” Project Sells for $13.5m, Purchased […]
Commercial Real Estate & Business News – May 22, 2013
Thousands Chase Deals in Las Vegas Surging demand, new retail concepts and stirrings of new development were the talk of the Las Vegas Convention Center on Monday during the first day of RECon, the International Council of Shopping Centers’ annual spring convention. It is impossible to tell how many deals will emerge from the […]
