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Commercial Real Estate & Business News – April 15, 2016

April 15, 2016 by Nick Miner, CCIM   No comments   Filed Under: Daily News

Foreign Buyers of U.S. Real Estate: By the Numbers
It’s no secret that foreign investors, from sovereign wealth funds to insurance groups, have been eager to park their money in U.S. commercial real estate lately. A new report from commercial real estate services firm Newmark Grubb Knight Frank breaks down exactly how much money was spent, who was spending it and what they were spending it on in recent months… Read more »
IPA and The Rockefeller Group Announce Phase Two at Liv Northgate Complex
Investment Property Associates and real estate developer The Rockefeller Group recently announced the opening of phase two at their Liv Northgate apartment community in Gilbert. They are now leasing new floor plans and featuring a number of added amenities… Read more »
Arizona Job Market Kept Growing in March
The latest job growth rate, 3.2 percent, easily topped the nation’s 2 percent. That’s a welcome change from much of the past four years, when Arizona couldn’t muster much better than the national rate… Read more »
ASU Tempe Site, Temporary Phoenix Home Could be Coyotes’ Path Out of Glendale
The Arizona Coyotes’ expected exit from Gila River Arena in Glendale could land the National Hockey League team in partnership with Arizona State University at a new arena development at ASU Karsten Golf Course in Tempe… Read more »
Scottsdale Council Nixes Proposed Light Rail Routes
It looks like light rail isn’t coming to Scottsdale anytime soon — or ever, according to a report in the Arizona Republic. The swanky suburb’s city council gave direction to city staff to remove a trio of proposed light rail routes from Scottsdale’s transportation master plan, which guides city policy for roads, trails and public transit such as buses and trolleys, reports the Republic… Read more »

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Nick Miner, CCIM

ORION Investment Real Estate
7150 E. Camelback Road
Suite 425
Scottsdale, AZ 85251

480-226-8037
nick@nickminer.com

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