Commercial Real Estate & Business News – April 11, 2023

Maricopa County Leads the Nation in Population Growth Maricopa County led the nation in population growth between July 1, 2021, and July 1, 2022, based on the most recent county-level population estimates released from the U.S. Census Bureau. According to the data…» Apartment Demand and New Lease Rent Growth on the Rebound The multifamily sector […]

Commercial Real Estate & Business News – April 10, 2023

Multifamily Occupancy and Rent Metrics Turn Positive in Q1 After Consecutive Declines The first quarter in general, and March in particular, proved positive for multifamily metrics, according to RealPage Market Analytics and Yardi Matrix. Net apartment demand rebounded back into positive territory in Q1, ending a streak of…» Retailers Like Second-Gen Spaces These Days, but […]

Commercial Real Estate & Business News – April 7, 2023

Inflation May Be Tracking Down But Will Likely Require More Pain Economists’ eyes are fixed on the March jobs report being released on Friday with some hope of more signs that inflation is slowing. However, no matter what the results, chances are that there are still more interest rates ahead, according to…» Phoenix Ranks Third […]

Commercial Real Estate & Business News – April 6, 2023

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Expect a Slow-Cession This Year, Moody’s Tells GlobeSt.com Event The Fed will not stop hiking rates until it sees the unemployment rate spike, the banking system won’t collapse and there won’t be a recession in 2023—but whatever you want to call it will walk like a recession, talk like a…» Here’s a Look Inside Bond […]

Commercial Real Estate & Business News – April 5, 2023

Construction Set for New West Valley Casino Desert Diamond Casinos, the enterprise arm of the Tohono O’odham Nation, is set to begin construction this week on a new casino in the “far West Valley.” The tribe announced Monday it would be holding a private groundbreaking event on April 5th…» Are Offices Truly Worth as Little […]

Commercial Real Estate & Business News – April 4, 2023

$58B in Arizona Manufacturing Investments Among Most in Nation Arizona has attracted more than $58 billion in private investments for manufacturing since 2021, one of the highest levels in the country, according to the White House, which calls it proof that the president’s economic agenda is working…» Fire Sale of Failed Bank Assets Speeds Plunge […]