Daily News for Commercial Real Estate & Business – November 12, 2010

I am the Chair of Newtown CDC. We are having our first annual "Affordable Fundraiser for Affordable Housing" on Sunday, November 14, 2010 from 11:30AM to 2:30PM. The mission of Newtown is to help increase the supply of permanently affordable housing while developing and supporting homebuyers through innovative programs and partnerships. If you do not have any plans, please make it a point to show up! You can click here to sign up! If you are interested in being a sponsor, let me know!

Now, for the news!

Nordstrom Rack opens at Arrowhead Crossing in Peoria Hundreds of discount-loving shoppers flocked to the opening of the West Valley's first Nordstrom Rack Thursday. View article...

Medical Office Sector Could Soon Mirror Retail Most of your visits to a physician in the future could be made during a trip to a shopping center. And at the same time, a new wave of physician's might be found doing work at a computer in Starbucks rather than a traditional doctor's office. View article...

Zillow: Phoenix home values drop again A new report on third-quarter home values shows winter is shaping up to be a rough time for the housing market. View article...

GateWay Emerging Technologies Incubator Starting a business in today's economic climate is a challenge, especially when that company requires extensive funding and support. GateWay Community College, located in the Discovery Triangle, is not letting those challenges hinder success. Instead, the college is opening avenues of opportunity for local technology and bioscience start-ups. View article...

More Clarity, Low Interest Rates to Propel CRE Sales Historically low interest rates, largely engineered by the Fed's new phase of quantitative easing, bottoming of occupancy losses in most property sectors, an early recovery in the apartment sector and the historically wide spread between real estate cap rates and interest rates will spur more investment sales activity in 2011. View article...

If you want a copy of the latest foreclosure spreadsheet, email me and I will send it to you.

Feel free to contact me regarding any of these stories, the current market, distressed commercial real estate opportunities or your property.

Speak Your Mind

*

CommentLuv badge

footer script.