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Commercial Real Estate & Business News May 31, 2018

May 31, 2018 by Nick Miner, CCIM   No comments   Filed Under: Daily News

CRE Defies Rising Tide of Global Debt Levels
The International Monetary Fund (IMF) has been sounding warning bells about the high levels of global debt. But U.S. commercial real estate has been defying that trend, which could make the sector even more attractive as a “safe haven” for global capital.…»
EXCLUSIVE: Scottsdale Developer Bringing $50M Senior Housing Project to Phoenix
When it comes to developing senior housing, Alana Mann, president of the Statesman Group of Cos., has focused on Canada, where the developer has 10 senior housing facilities. She’s been a bit more cautious when offering the product in Arizona, which abounds with senior housing facilities.…»
Multifamily Rent Growth Stalls in Top Markets
Rent growth is seriously slowing down in a handful of markets. While apartment rents are still growing nationally, in a few cities and submarkets rents are growing more slowly or even beginning to shrink. “The only spots where you might find effective rents dropping are in locations affected by a large…»
See Where Aldi will be Opening Around the Metro Phoenix
We are starting to see where German discount grocer Aldi will be opening up shop around the Valley. ABC 15 and the Arizona Republic have both published lists of where Aldi could be opening stores, based off permits and building plans filed with the individual cities.…»
Home Values Rise at Fastest Pace in 12 Years
National median home values are rising at their fastest pace in 12 years, according to the April Zillow® Real Estate Market Report. Over the past year, home values across the country rose 8.7 percent to a median value of $215,600.…»

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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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