Nick Miner, CCIM

How the Supreme Court E-Commerce and Sales Tax Ruling Could Affect Arizona Brick-and-Mortar Retailers The U.S. Supreme Court ruled Thursday on what some people are calling a huge win for brick-and-mortar retailers that could help level the playing field against online retailers. In a 5-4 ruling, … [Read more...] about Commercial Real Estate & Business News June 22, 2018

Developers Plan $60M Cooley Station Project in Gilbert When Norman Brody, president of Brody Associates Inc., moved to the Phoenix area last year from South Carolina - where he completed a mixed-use project with medical, retail and restaurants, hotel and residential - he started looking for ways … [Read more...] about Commercial Real Estate & Business News June 21, 2018

Banks Get More Generous with Construction Loans for New Apartments It's getting a little easier to find a construction loan to build a new apartment property, compared to the end of 2017. "Banks are getting more aggressive," says David Webb, vice chairman of debt and structured finance with CBRE … [Read more...] about Commercial Real Estate & Business News June 20, 2018

Rent-A-Center Accepts $1.4 Billion Take-Private Buyout Offer Rent-to-own giant Rent-A-Center Inc. has agreed to a merger deal with Vintage Rodeo Parent LLC, an affiliate of private and public equity investor Vintage Capital Management, to acquire outstanding shares of Rent-A-Center common stock … [Read more...] about Commercial Real Estate & Business News June 19, 2018

Focus in Student Housing Amenities Changes from Luxury to Health and Wellness Lazy rivers, tanning beds, rock-climbing walls-resort-style amenities in student housing may be falling out of fashion as the sector faces demographic changes and lingering supply-demand imbalances. Some companies that … [Read more...] about Commercial Real Estate & Business News June 18, 2018