Nick Miner, CCIM

CRE Investors Start Putting Money Behind Defensive StrategiesInvestors appear to be keeping the foot on the gas in terms of acquisitions. According to research firm Real Capital Analytics (RCA), investment sales volume jumped 15 percent year-over-year in 2018 to reach $562.1 billion. But some … [Read more...] about Commercial Real Estate & Business News February 19, 2019

Nationwide Realty Investors Announce Plans for Cavasson, $950 Million Mixed-Use Development in ScottsdaleNationwide Realty Investors announced today that its 134-acre mixed-use development in Scottsdale, Arizona will be named Cavasson. The initial phase of the project, which will break ground in … [Read more...] about Commercial Real Estate & Business News February 18, 2019

$2 Billion Palmeraie Project Breaks Ground in ScottsdaleFive Star Development broke ground for the first phase of a master-plan community called The Palmeraie on Wed. Feb. 13. The 122-acre community is on the border of Scottsdale and Paradise Valley. The first phase of the $2 billion community will … [Read more...] about Commercial Real Estate & Business News February 15, 2019

CRE Lenders Ended 2018 on a Strong NoteA strong fourth quarter lifted commercial mortgage originations by 3 percent in 2018 as multifamily and industrial originations drove investor activity, according to preliminary estimates from the Mortgage Bankers Association's Quarterly Survey of … [Read more...] about Commercial Real Estate & Business News February 14, 2019

Two Scottsdale Malls See Huge Sales Increases, Parent Company's Filing ShowsTwo of Scottsdale's most prominent shopping destinations, Scottsdale Fashion Square and Kierland Commons saw retail sales increase dramatically from 2017 to 2018, according to documents filed Thursday with the U.S. … [Read more...] about Commercial Real Estate & Business News February 13, 2019