Today’s News 9-5-2025
Life Companies’ CRE Loan Returns Remain Positive in Q2 Life insurance companies participating in Trepp’s LifeComps index covering commercial real estate loans reported a total return of 1.90% in the second quarter of 2025, comprised of a 1.21% income return and a 0.69% appreciation return. Trepp reported the total return outpaced the National Council of […]
Today’s News 9-4-2025
Fed’s Waller backs September rate cut, sees multiple reductions ahead Investing.com — Federal Reserve Governor Christopher Waller reiterated his support for an interest rate cut at the September meeting, citing weakening labor market conditions. “I think we need to start cutting rates at the next meeting, and then we don’t have to go in a […]
Today’s News 9-3-2025
Rent prices fall in metro Phoenix. Here’s where the best deals are now Metro Phoenix renters signing leases right now could get a break. Rents are down in the Valley, according to new research. One-bedroom renters are seeing the biggest declines. The median rent on a one-bedroom Phoenix-area apartment has dropped almost 8% to $1,220, […]
Today’s News 9-2-2025
Fed Governor Waller Reaffirms Support for September Rate Cut Federal Reserve Governor Christopher J. Waller, who cast one of two dissenting votes at the July meeting of the Federal Open Market Committee, reiterated his support for a reduction in the central bank’s benchmark interest rate. Speaking Thursday evening at the Economic Club of Miami, Waller […]
Today’s News 8-29-2025
Survey: Cap Rates May Have Reached Their Peak Cap rates may have reached their peak, according to a CBRE survey of 200-plus brokers released Monday. The survey also reported a slight compression in the first half of 2025, with the all-property average cap rate narrowing nine basis points to 6.84% at midyear amid volatility in […]
Today’s News 8-28-2025
Mesa eyes $1B luxury resort hotel, retail development at Legacy Park A multi-billion-dollar project set to bring a 600-room resort hotel, thousands of square feet of retail and office space, is in the works in southeast Mesa. Retail developer Vestar and landowner Pacific Proving LLC are partnering to build a massive 200-acre commercial development along […]