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The Coyotes and Arizona State University are taking the first step in the possible construction of a 16,000-plus seat arena at the northwest corner of McClintock Drive and Rio Salado Parkway on Karsten Golf Course…»
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PhoenixMart is going vertical at last. Dogged by inexplicable delays, a canceled construction contract, C-level executive turnover and an FBI investigation, the largest development in Pinal County is finally under real and visible construction…»
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It’s a good time to open a restaurant franchise, even if Arizonans just voted to hike the minimum wage. “Franchising as a business model has moved past the recession in terms of the availability of financing for both franchisors and small business owners,” said Jeff Wolf, partner at Quarles & Brady LLP, which handles franchise litigation. “There was a point in time where franchising was slow to none because of the lack of financing. I don’t know how unique it is to Phoenix, but it certainly is something that’s triggering a lot of franchise sales”…»
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Those in the apartment industry are trying to get a beat on how the economy might look, with its effects on the U.S. job market and the atmosphere for investments. Jobs are sure to be a focal point, as one major factor in Trump’s victory was that his message about job creation resonated with blue-collar workers in the Rust Belt who have voted Democratic in the past…»
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The past few years have been extremely favorable to the multifamily market. Developers are building apartments to catch up on a lull of construction over previous years in a race to complete projects and capitalize on continuously rising rents. Investors are aggressively seeking opportunities to purchase multifamily properties, specifically core and value-add assets in top-tier markets, pushing cap rates as low as 4%…»
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